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Quick Facts
Asking Price: | $260,000 | |
Annual Revenue: | $86,947 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $52,345 | |
Total Debt: | Not Disclosed | |
FF&E: | 17,200 | |
Real Estate: | Not Disclosed | |
Year Established: | 2003 | |
Employees: | 2 | |
BBN Listing #: | 969262221 | |
Broker Reference #: | 21997-121978 |
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Business Overview:
Long Standing Smoke and Vape Shop in a Great Location
This is an established Vape, Smoke & Cigar Shop centrally located in Phoenix. Business is nicely located in a thriving, fully occupied, McDonalds Anchored Retail Center close to the ASU West Campus with lots of foot and driving traffic. Neighboring tenants are Mediterranean and American Restaurants, Barber Shop and Tattoo Parlor. Business is known for its excellent service and wide variety and has a steady, fiercely loyal clientele. Business was established in 2003 with the same owner for 20 years. Sales price includes all the Equipment, Furniture, Fixtures, all Inventory present and the Cigarette & Tobacco Retailer’s License (if Applicable). Excellent Opportunity to own a semi-absentee to absentee run business.
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Property Features and Assets:
Monthly Rent: $1,400.00 Square Units (Foot, Meter): 933 Lease Expiration Date: December 30, 2026, 11:00:00 PM Terms Options: Option to Renew from Jan 1 2027 FF&E Overview: Large Cigar Humidor, Glass Cases, Shelves for Product FF&E General Condition: Good
Market Competition and Expansion:
Very few if any Competing Smoke Shops in the Area.
Reason for Selling:
Divestiture
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