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 in East Phoenix. The lease is only $1,179 per month for over 1,200 square feet. This storefront boasts over 1,200 square feet of space and nice showcases and furniture, fixtures, and equipment. The lease is good for 4.5 year with a 5 year option The store also included over $60,000 in inventory included in the asking price. Also the seller is offering seller financing with $87,500 down and $87,500 for 3 years at 7%. When you see the location and pictures you will know why this store will sell very quickly.
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Property Features and Assets:
1,200 Store Front at the end of a strip center will tons of traffic.
Market Competition and Expansion:
Tons of room for growth with an involved owner and adding more 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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