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- RE: North Glendale Smoke Shop With Inventory
- Contact: Mike Darmo
Quick Facts
| Asking Price: | $250,000 | |
| Annual Revenue: | $300,000 | |
| Net Profit: | $84,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $40,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 952439 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
If you are looking for a smoke shop in a highly desirable area that is surrounded by with tons of traffic and an always packed street with tons of room for growth and opportunity than look no further. Smoke shops are some of the most sought after businesses since a lot of landlords are not approving new ones being built and with the location of this one the competition is slim to none. The smoke shop mostly sells glass items and other items with high margins due to it proximity to near by dispensaries. Located near North Glendale. The lease is only $1400 per month for 950 sq.ft of space and nice showcases and furniture, fixtures, and equipment. The lease is good for 4 year with a 5 year option The store also included over $150,000 in inventory included in the asking price. The seller is also offering amazing seller financing terms with $125,000 down and $125,000 carry for 4 years at 7%. When you see the location and pictures you will know why this store will sell very quickly.
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Property Features and Assets:
950 Square feet suite in a busy center.
Market Competition and Expansion:
Tons of room for growth with more time and continuing on the owner's path.
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
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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