Absentee-Run Smoke Shop With Real Estate

Mesa, AZ Maricopa County

Asking Price: $2,200,000

Annual Revenue: $1,080,000

Food & Beverage: Liquor Stores

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RE: Absentee-Run Smoke Shop With Real Estate
Contact: Mike Darmo

Owner Financing is Available!

$1,200,000 down plus inventory and $1,000,000 balance for 10 years amortized with a 3 year ballon at 0%

Quick Facts

	Asking Price:	$2,200,000
	Annual Revenue:	$1,080,000
	Net Profit:	Not Disclosed
	Cash Flow:	Not Disclosed
	Total Debt:	Not Disclosed
	FF&E:	$100,000
	Real Estate:	Not Disclosed
	Year Established:	Not Disclosed
	Employees:	3
	BBN Listing #:	938626
	Broker Reference #:	Not Disclosed

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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 $144,000 net profit in the owner pocket after all expenses and an average of $90,000 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 1,550 square feet 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 $10,500 in payroll a month so if you run it yourself add another $126,000 NET to the yearly total.

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Property Features and Assets:

1,550 square feet suite in a stand-alone with tons of frontage view to a major road surround and 1/2 acre of land.

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

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