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- RE: $540,000 NET Smoke Shop W/$1,000,000 Inventory
- Contact: Mike Darmo
Quick Facts
| Asking Price: | $2,050,000 | |
| Annual Revenue: | $1,750,000 | |
| Net Profit: | $540,000 | |
| 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 #: | 989253 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
If you are looking for a very profitable smoke shop in the West Valley with the owner that produces over $540,000 net profit in the owner pocket after all expenses and an average of $145,000 per month in Gross Sales with amazing seller financing terms and solid client base in a great location 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 3500 sq.ft. suite in a strip center with tons of frontage view to a major road surround and they are maximizing all the square feet of space with $1,000,000 worth of inventory situated perfectly from the top to bottom of the store, wait till you see the pictures. The lease is amazing as well at $2,200 per month all in with 4 years left and 5 year option. The store boasts around $1,000,000 of the top of market inventory, carefully selected from years of experience from the owner and is 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 around $16,000 in payroll a month for the 4 employees and one is the manager that makes $8,000 per month so if you run it yourself add another $96,000 NET to the yearly total. The seller is offering amazing seller terms and is willing to carry with $900,000 down and $1,050,000 balance w/inventory included for 4 years at 5%. Hurry up these deals don't last for these once in blue moon opportunities.
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Property Features and Assets:
3500 Sq.ft. suite in the middle of strip center
Market Competition and Expansion:
Tons of room for growth with more time.
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:
- View more Arizona businesses for sale
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