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- RE: $150,000 NET Owner Absentee-Run Smoke Shop
- Contact: Mike Darmo
Quick Facts
Asking Price: | $700,000 | |
Annual Revenue: | $900,000 | |
Net Profit: | $150,000 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 4 | |
BBN Listing #: | 980012 | |
Broker Reference #: | Not Disclosed |
Business Overview:
If you are looking for one of the most profitable smoke shop in the West Valley with an employee in place with the owner that produces over $150,000 net profit in the owner pocket after all expenses and over $75,000 per month in Gross Sales with amazing seller financing terms and solid client base in a great location sitting in the center with solid neighboring tenants then look no further. This smoke shop is situated in a 750 square feet suite in a busy shopping center with tons of frontage view to a major road intersection that brings a lot of traffic with a beautiful set. The lease is amazing as well at $2,240 per month for 750 square feet all in with 4.5 years left and a 5 year option. The store boasts around $250,000 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 willing to carry with $350,000 down and $350,000 balance for 5 years at 7%. Hurry up these deals don't last for these once in blue moon opportunities.
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Property Features and Assets:
750 Square feet suite in a busy shopping center.
Market Competition and Expansion:
Tons of room for growth with time and running it yourself to make more money.
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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