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- RE: $1,000,000 NET Absentee-Run Chandler Smoke Shop!!!
- Contact: Mike Darmo
Quick Facts
Asking Price: | $3,000,000 | |
Annual Revenue: | $1,980,000 | |
Net Profit: | $1,000,000 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $75,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 4 | |
BBN Listing #: | 995599 | |
Broker Reference #: | Not Disclosed |
Business Overview:
If you are looking for one of the most profitable smoke shop in the Valley with staff in place with the owner that produces over $1,000,000 net profit in the owner pocket after all expenses and over $225,000 per month in Gross Sales with amazing seller financing terms and solid client base in a great location surrounded by corporate tenants with over 10 years of existence then look not further. This smoke shop is situated in a 1700 sq.ft. storefront with 1200 sq.ft. of additional storage/expansion space in a busy shopping center with tons of frontage view to a major road surround by corporate tenants that bring a lot of traffic. The lease is amazing as well at $3,800 per month all in with 5 years left and 5 year options. The store boasts around $325,000 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 owner currently has a manager that receives around $9,000 in salary and 3 other employees that receive $1,000 a week each for total of $20,000 in payroll. The seller is offering amazing financing terms with $1,500,000 down and $1,500,000 balance for 5 years at 0%. Hurry up these deals don't last for these once in blue moon opportunities. >>
Contact the Seller:
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Property Features and Assets:
2900 sq.ft. suite in a busy shopping center surrounded by corporate tenants.
Market Competition and Expansion:
Not much that can compete with the volume and customer base. Tons of room for growth by maintaining current owner's path or running it yourself and saving on payroll.
Reason for Selling:
Kindly ask the seller for more information.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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