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- RE: $180,000 NET Absentee-Run Smoke Shop In Glendale
- Contact: Mike Darmo
Quick Facts
Asking Price: | $449,000 | |
Annual Revenue: | $960,000 | |
Net Profit: | $180,000 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $75,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 2 | |
BBN Listing #: | 985440 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Ff you are looking for a very profitable smoke shop in the West Valley with sta? in place with the owner that produces over $180,000 net profit in the owner pocket after all expenses and an average of $80,000 per month in Gross Sales with amazing seller financing terms and solid client base in a great location surrounded by solid tenants with exposure to a major road and competition far away and a cigar humidifier room and amazing FF&E then look no further. This smoke shop is situated in a 2475 sq.ft. suite in the corner suite of a center for $5200 a month with 5 years left and 5 year option. The store boasts around $100,000 of the top of market inventory, carefully selected from years of experience from the owner and is not included in the price. It is truly turn-key and has room to grow by continuing the trend of the current owner. The owner spends a good amount in payroll a month so if you run it yourself add more monthly income in your pocket. The seller is o?ering amazing seller terms and is willing to carry for the business and inventory with $350,000 down and $200,000 for 3 years at 0%. Hurry up these deals don't last for these once in blue moon opportunities.
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Property Features and Assets:
2475 sq.ft. corner suite
Market Competition and Expansion:
Tons of room for growth by running it yourself.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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