793 Reed Ave Reedley, CA 93654
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.