For Sale
$200,000

793 Reed Ave Reedley, CA 93654

Thriving Smoke Shop, High Profits

Overview

Added:
Dec 11, 2024
Days on market:
134
This turnkey smoke shop and gift store in Reedley, CA, presents a lucrative investment opportunity. Located at 793 N Reed Ave, this established business boasts consistent monthly gross sales ranging from $55,000 to $65,000, generating a substantial net profit of approximately $10,000 per month. The property is a single-story building with a current lease of $2,800 per month, extending for three more years. Operating hours are 9 AM to 9 PM, supported by two dedicated and experienced staff members. The business benefits from a prime location on a high-traffic avenue, ensuring excellent visibility and a steady flow of customers. A loyal customer base has been cultivated over time, contributing to the consistent profitability. This is a truly turnkey operation, ready for immediate ownership and continued success. The asking price for this exceptional business is $200,000. Financial records are available upon request. This represents a rare chance to acquire a well-established, profitable business in a desirable location.

Highlights

  • Asking Price: $200,000 for a turnkey smoke shop and gift store in Reedley, CA.
  • Located at 793 N Reed Ave, Reedley, CA 93654, in a high-traffic area.
  • Monthly rent is $2,800 with 3 years remaining on the lease.
  • Business generates average monthly gross sales of $55,000-$65,000, with an approximate $10,000 monthly net profit.
  • Features two dedicated employees and operates 9 AM to 9 PM daily.

Property Details for 793 Reed Ave

Property type
Retail properties
Stories
1

Location Insight

City
Reedley
County
Fresno
State
California
Latitude
36.603202890144
Longitude
-119.4585755945

FAQs

What type of property is this?
Retail property - Thriving Smoke Shop, High Profits
Where is the retail property located?
The property is located at 793 Reed Ave Reedley, CA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Asking Price: $200,000 for a turnkey smoke shop and gift store in Reedley, CA.; Located at 793 N Reed Ave, Reedley, CA 93654, in a high-traffic area.; Monthly rent is $2,800 with 3 years remaining on the lease.
How can I contact the broker?
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793 Reed Ave
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