Take advantage of this excellent opportunity to own a well-established smoke shop franchise in high-traffic Hillsborough County. This business is ideal for an owner-operator or investor looking to step into a turnkey operation with a loyal customer base and consistent revenue. Business Highlights: Asking Price: $125,000, Franchise Fee: $29,900 (not included in asking price), Inventory: $125,000 (not included in asking price),Base Rent: $1,900/month - All in, 2024 Gross Revenue: $344,000, 2024 Total Payroll: $92,000, 2024 NOI: $123,000. This location has solid 2024 revenue and room for expansion. The lease terms are favorable, with a competitive monthly base rent that helps keep overhead costs manageable. Inventory is well-stocked and valued at $125,000. The business operates under a recognizable and growing franchise brand with support, training, and marketing included as part of the franchise system. Ideal for: Buyers looking for a franchise concept with a proven model, stable revenue, and the potential to grow either within this location or through additional units. Currently operating as a 100 perc employee-run corporate location. If you are a first-time franchise owner, transitioning to an owner-operator model can significantly reduce payroll expenses potentially saving around $4,000 to $5,000/month. Please reach out to get more information.
Tampa, FL, 33614
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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