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    388 Sierra St Kingsburg, CA 93631

    For Sale
    $175,000

    Established Smoke Shop, High Revenue

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This profitable Kingsburg, CA smoke shop is offered at $175,000. Located at 388 Sierra St, directly off Highway 99, this established business boasts average monthly sales between $35,000 and $40,000. Currently operating under an absentee ownership model with three employees, the business maintains daily hours from 9 AM to 10 PM. The sale includes a lease with approximately 3.5 years remaining, offering flexibility for lease renegotiation with the landlord. Note that the approximately $100,000 inventory is not included in the asking price. This turnkey operation presents a significant opportunity for growth within a thriving industry, making it attractive to both seasoned entrepreneurs and newcomers alike. Situated in Fresno County, CA (zip code 93631), this retail space presents a strong revenue stream and a solid foundation for continued success. The business's prime location and established customer base contribute to its consistent profitability. This is a rare opportunity to acquire a well-established business with a proven track record and significant upside potential.

    Property Features for 388 Sierra St

    General Information

    Property type
    Retail properties

    Building Details

    Units
    1

    HighLights

    • $175,000 asking price for a profitable Kingsburg, CA smoke shop.
    • Located at 388 Sierra St, Kingsburg, CA (93631), directly off Highway 99.
    • $35,000 - $40,000 average monthly sales.
    • Absentee‑owned with three employees, operating 9 AM to 10 PM daily.
    • Includes a lease with approximately 3.5 years remaining.
    • Inventory (approx. $100,000) not included in asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kingsburg Smoke Shop Tobacco Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kingsburg
    County
    Fresno
    State
    California
    Longitude
    -119.56442968955
    Latitude
    36.517864470391

    Nearby Comparable

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      Profitable Smoke Shop Business Opportunity

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    FAQs

    What type of property is this?
    Retail property - Established Smoke Shop, High Revenue
    Where is this retail property located?
    The property is located at 388 Sierra St Kingsburg, CA.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: $175,000 asking price for a profitable Kingsburg, CA smoke shop.; Located at 388 Sierra St, Kingsburg, CA (93631), directly off Highway 99.; $35,000 - $40,000 average monthly sales.
    Request Owner's contact information
    388 Sierra St Kingsburg, CA 93631
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    Kingsburg, CA 93631
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    388 Sierra St Kingsburg, CA 93631
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