$120,000 NET Semi-Absentee Ran Smoke Shop

Glendale, AZ
Maricopa County

Asking Price: Annual Revenue:
$250,000 $420,000

Food & Beverage: Convenience Stores

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RE: $120,000 NET Semi-Absentee Ran Smoke Shop Broker: Mike Darmo
Owner Financing is Available!
Seller with 50% down and the balance for 3 years at 6.5%

Quick Facts

Asking Price: $250,000
Annual Revenue: $420,000
Net Profit: Not Disclosed
Cash Flow: $120,000
Total Debt: Not Disclosed
FF&E: $70,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 374259836
Broker Reference #: Not Disclosed

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Business Overview:

If you are looking for a turn-key opportunity with all the right inventory and furniture and fixtures and location with major visibility next to a busy dispensary with 1,200 square feet and lease that is only $2,500 a month then look no further. This maybe one of the best deals on a smoke shop in the market. The business is currently owner-ran and boasts 4.9 rating on Google with all the inventory included the price. The seller is also offering amazing seller financing terms with $175,000 down the seller will carry $175,000 for 3 years at 6.5%. The store is situated next a busy street that gets tons of traffic. The seller takes home $10,000 per month with employees. If you were to make it owner ran then the return would still be very good closer to $15,000 per month and unheard of for the initial investment. Hurry up this won't last.

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Property Features and Assets:

1,200 square feet suite in a strip center with tons of visibility to a major road.

Market Competition and Expansion:

Tons of room for growth especially with more of an online presence and the growth of time and running the business owner-ran.

Reason for Selling:

Cutting down Portfolio.

Additional Details:

  • The property is leased.
  • The owner is not 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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