Seller's Contact Information
- RE: $84,000 NET Busy And Profitable Smoke Shop
- Contact: Mike Darmo
Quick Facts
| Asking Price: | $275,000 | |
| Annual Revenue: | $600,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $84,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 1 | |
| BBN Listing #: | 316159836 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
If you are looking for a smoke shop in a highly desirable area that is surrounded by corporate tenants and bars and restaurants with tons of traffic and an always packed parking lot 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 with high margins due to it proximity to near by dispensaries. The lease is only $3,000 per month. This large storefront boasts over 1,500 square feet of space and nice showcases and almost furniture, fixtures, and equipment and a cigar humidifier room which are included in the asking price. Seller will carry with $150,000 down and $125,000 down for 3 years at 7%. The store also included over $100,000 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 Square feet storefront in a the middle of a busy strip center with tons of business that draw traffic surrounding it.
Market Competition and Expansion:
Tons of room for growth with time.
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
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