Seller's Contact Information
- RE: $132,000 NET Smoke Shop In A Busy Shopping Center!
- Contact: Mike Darmo
Quick Facts
| Asking Price: | $260,000 | |
| Annual Revenue: | $625,000 | |
| Net Profit: | $132,000 | |
| Cash Flow: | $132,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $45,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 430159836 | |
| 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 the central corridor of the 1-17. The lease is only $2,200 per month for 1,000 square feet. This storefront boasts over 1,000 square feet of space and nice showcases and furniture, fixtures, and equipment. The owner is also offering great seller terms with $200,000 the owner will carry the balance of $60,000 for 2 years at 7%. The lease is good for 3.5 years with options if you would like. The store also included over $70,000 in inventory included in the asking price. When you see the locations and pictures you will know why this store will sell very quickly.
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Property Features and Assets:
1,000 square feet storefront in busy shopping center with frontage view to a busy road.
Market Competition and Expansion:
Tons of room for growth with more hours and employees and more inventory.
Reason for Selling:
Retiring
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
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