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- RE: $400,000 NET Absentee-Run 2-Location Smoke Shops
- Contact: Mike Darmo
Quick Facts
Asking Price: | $1,075,000 | |
Annual Revenue: | $1,343,705 | |
Net Profit: | $403,111 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 988978 | |
Broker Reference #: | Not Disclosed |
Business Overview:
If you are looking for two profitable smoke shops in the West Valley with staff in place with the owner that produces over $400,000 net profit in the owner pocket after all expenses and $111,975 per month in Gross Sales with amazing seller financing terms and solid client base in great locations with each sitting in two busy strip centers on a major road then look no further. The leases are amazing as well at $3,185 per month and $2505 per month in with 3.5 years left and a 5 year option. Each store boasts around $135,000 of the top of market inventory, carefully selected from years of experience from the owner and included in the price. It is truly turn-key and has room to grow by continuing the trend of the current owner. The seller is very confident in the businesses and is willing to carry with $537,500 down and $537,500 balance for 4 years at 6.5%. Hurry up these deals don't last for these once in blue moon opportunities especially in the area they are located in.
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Property Features and Assets:
Two Suites in two busy strip center with major road frontage view.
Market Competition and Expansion:
Tons of room for growth by running both locations yourself and saving a large amount of money on payroll.
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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