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- RE: Absentee-Run Smoke Shop With Real Estate
- Contact: Mike Darmo
Quick Facts
| Asking Price: | $699,990 | |
| Annual Revenue: | $1,380,000 | |
| Net Profit: | $180,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $100,000 | |
| Real Estate: | $1,000,000 | |
| Year Established: | Not Disclosed | |
| Employees: | 3 | |
| BBN Listing #: | 938626 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
If you are looking for a very profitable smoke shop in the East Valley with staff in place with the owner that produces over $180,000 net profit in the owner pocket after all expenses and an average of $115,000 per month in Gross Sales with amazing seller financing terms and solid client base in a great location surrounded by corporate 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 1550 sq.ft. suite in a stand-alone with tons of frontage view to a major road surround and 1/2 acre of land. The store boasts around $250,000 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 around $14,000 in payroll a month so if you run it yourself add another $168,000 NET to the yearly total. The real estate is available for purchase at $1,000,000. The seller is offering amazing seller terms and is willing to carry for the just the business with $475,000 down and $475,000 for 4 years at 0% with a $5,500 monthly lease payment or with Real Estate Included at $975,000 down plus inventory and $975,000 balance for 10 years amortized with a 4 year ballon at 0%. Hurry up these deals don't last for these once in blue moon opportunities.
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Property Features and Assets:
The seller is offering amazing seller terms and is willing to carry for the just the business with $425,000 down and $425,000 for 3 years at 0% with a $5,500 monthly lease payment or with Real Estate Included at $925,000 down plus inventory and $925,000 balance for 10 years amortized with a 3 year ballon at 0%.
Market Competition and Expansion:
- Tons of room for growth with more time.
Additional Details:
- The property is owned.
- 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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