$120,000 NET Owner Absentee Glendale Smoke Shop

Business Overview:

If you are looking for a smoke shop in a highly desirable area that is surrounded by with tons of traffic and analways 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 Heart of Glendale The lease is only $3,500 per month for over 1800 sq.ft. with 4.5 years left on the lease and nice showcases and furniture, fixtures, and equipment. The lease is good for years with a 5 year option if you would like. The store also has around $50,000 in inventory which is included in the asking price as well as the FF&E you are literally paying for a turn-key smoke shop asset sale. Seller will also do seller financing with $110,000 down with $50,000 for 2 years at 7.5%. 

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Property Features and Assets:

1,800 square feet suite surrounding by corporate tenants and busy businesses in a great area.

Market Competition and Expansion:

Tons of room for growth if you run it yourself and add more inventory.

Additional Details:

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