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Old 02-07-2011, 12:32 PM   #1
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Default Re: Put a Bid on a Cigar Business on eBay..

Other costs to think about are Uncle Sam's Taxes, a tobacco resellers license, business license and a bank to handle online tobacco purchases, seems as though they arent easy to find.
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Old 02-07-2011, 12:39 PM   #2
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Default Re: Put a Bid on a Cigar Business on eBay..

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Originally Posted by Huskysibe View Post
Other costs to think about are Uncle Sam's Taxes, a tobacco resellers license, business license and a bank to handle online tobacco purchases, seems as though they arent easy to find.
Actually these are not hard to find. Just by doing a quick Google search I was able to find where to obtain the tobacco reseller's license, business license, taxes, and the bank. This is for the state of California though.

Another thing to keep in mind is credit card processing. By my guess 90% of all sales online are via credit card.
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Old 02-07-2011, 05:48 PM   #3
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Default Re: Put a Bid on a Cigar Business on eBay..

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Originally Posted by bvilchez View Post
Actually these are not hard to find. Just by doing a quick Google search I was able to find where to obtain the tobacco reseller's license, business license, taxes, and the bank. This is for the state of California though.

Another thing to keep in mind is credit card processing. By my guess 90% of all sales online are via credit card.

Already done.

and the here in Oklahoma After talking to the Local Oklahoma tax folks, because the Tobacco is being Drop shipped and that company is not located in Oklahoma. No Tobacco permit is needed nor do I have to require state tax. However If in the event someone thats in the same state as the drop shipper then they have to pay that state tax.

So All I need is a Federal and State Business Tax ID. Which is already on Its way.

but according to the previous owner there are 4 drop shippers for that reason. Say customer 1 is from Florida and thats where Drop ship Company #1 is. Then Id Pick Drop ship Company #2 out of Pennsylvania so the Florida customer dont have to pay taxes. Drop shipping has tons of advantages and some disadvantages too. Requires alot of paperwork and attention on my part.

Credit Card Processing is handled via ******, Square.com and I have 2 other Vendors as well that will/can handle it.
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Old 02-12-2011, 07:32 PM   #4
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Default Re: Put a Bid on a Cigar Business on eBay..

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Originally Posted by bvilchez View Post
Actually these are not hard to find. Just by doing a quick Google search I was able to find where to obtain the tobacco reseller's license, business license, taxes, and the bank. This is for the state of California though.

Another thing to keep in mind is credit card processing. By my guess 90% of all sales online are via credit card.
What I meant by hard to find was a CC processor that will do tobacco internet transactions, because apparently age verification is an issue. Sorry I wasnt too clear in my post.
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Old 02-17-2011, 04:58 PM   #5
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Default Re: Put a Bid on a Cigar Business on eBay..

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What I meant by hard to find was a CC processor that will do tobacco internet transactions, because apparently age verification is an issue. Sorry I wasnt too clear in my post.
Well I contacted Pay-Pal and they didnt seem to have any issues with it for sure. I will double check the others.
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Old 02-17-2011, 05:09 PM   #6
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Default Re: Put a Bid on a Cigar Business on eBay..

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Well I contacted Pay-Pal and they didnt seem to have any issues with it for sure. I will double check the others.
Thats interesting, especially since my poopal account got banned because of a cigar transaction two years ago.
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Old 02-17-2011, 10:04 PM   #7
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Default Re: Put a Bid on a Cigar Business on eBay..

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Thats interesting, especially since my poopal account got banned because of a cigar transaction two years ago.
Weird cause

Cigars Intl. Takes paypoop why is pay-pal a censored word? Hope im not getting in trouble for talking about paypoop. lol
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Old 02-18-2011, 07:30 AM   #8
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Default Re: Put a Bid on a Cigar Business on eBay..

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Weird cause

Cigars Intl. Takes paypoop why is pay-pal a censored word? Hope im not getting in trouble for talking about paypoop. lol
Not really, they're covering their butt for the liability of you possibly selling to someone underage. CI requires you to be 21 and has been known to request a copy of people's drivers license.

From CI:
"NOTE: Cigars International does not sell cigars to anyone under the age of 21.
Cigars International does not sell cigarettes of any kind. If you are under 21 years old, please do not enter our site. "


From P*yP*l:
"What types of tobacco products does ****** prohibit?

We don’t allow transactions for most tobacco product because of the legal requirements and industry regulations for online tobacco sales.

This includes:

* Cigarettes
* Smokeless tobacco

We may allow transactions related to Cigars but you must get prior permission from ****** and agree to certain terms and conditions. "
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