793 Reed Ave Reedley, CA 93654
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 793 Reed Ave
- Property type
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Reedley
- County
- Fresno
- State
- California
- Longitude
- -119.459
- Latitude
- 36.6032
