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Last post 21 years ago by xibbumbero. 3 replies replies.
tobacco wholesale license?
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Sierra Offline
#1 Posted: Thu, Jun 20 2002, 6:52 PM EST
Joined: 06-08-2000
Posts: 4
CAn anyone tell me if it is worth it to get a wholesale license. what are the ins and outs of doing this? i spend a 100 a month or more. i would like to know your experiences... thanx
Slimboli Offline
#2 Posted: Fri, Jun 21 2002, 7:02 AM EST
Joined: 07-09-2000
Posts: 16,139
Are you nuts?!?

On the application, you have to enter the name of your buisness as it is legally registered with the Secretary of State, The date you will begin selling tobacco products,the type of business you will be engaged in, i.e. grocery store, newsstand, cigar store, etc., and for a first year licence fee, expect to pay around $250 ... then $50 each year thereafter.

My next question would be ... Why??? Do you realize that on most of the bids that are won here, those folks are paying close to wholesale, if not below wholesale (not including the overbidders) ...
miamibum Offline
#3 Posted: Fri, Jun 21 2002, 7:16 AM EST
Joined: 08-24-2001
Posts: 77
You will probably find that the mark-up that you will save is relatively small compared to the red tape that you will encounter. Depending on what state you live in, the tobacco taxes and sales taxes will need to be considered. The quarterly (monthly in some states) reports with the various gov't entites can be a real pain. If you are thinking about doing this to save a few dollars on your own purchases, I do not think it is worth it. IMHO Good luck and Cheers!
xibbumbero Offline
#4 Posted: Fri, Jun 21 2002, 8:16 AM EST
Joined: 01-25-2002
Posts: 12,535
Slim,LMAO,cause that's what I thought,but I didn't post it. X
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