$240,000 NET Smoke Shop in a Highly Desirable Area

Phoenix, AZ
Maricopa County


Asking Price: Annual Revenue:
$325,000 $600,000

Food & Beverage: Convenience Stores


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RE: $240,000 NET Smoke Shop in a Highly Desirable Area Broker: Mike Darmo
Owner Financing is Available!
Seller will carry with $200,000 down and $125,000 over 3 years at 7%

Quick Facts

Asking Price: $325,000
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: $240,000
Total Debt: Not Disclosed
FF&E: $55,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 735059836
Broker Reference #: Not Disclosed

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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 south of the 1-10. The lease is only $1,200 per month for over 1,500 square feet. This storefront boasts over 800 square feet of space and nice showcases and furniture, fixtures, and equipment. The lease is good for 3 years with options if you would like. Seller will carry with $200,000 down and $125,000 carry for 3 years at 7%. 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:

1,500 Store Front at the end of a strip center will tons of traffic.

Market Competition and Expansion:

Tons of room for growth with more time and inventory.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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