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- RE: $217,500 NET Per Year Absentee-Run Busy Smoke Shop
- Contact: Mike Darmo
Quick Facts
| Asking Price: | $800,000 | |
| Annual Revenue: | $915,000 | |
| Net Profit: | $217,500 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $75,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1004889 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Try and find a store with prove-able over $200,000 annual profit and a lease of only $5250 per month for 1600 sq.ft. and $150,000 in inventory included in the price and you wont find it until now especially an absentee-run store. Seller has years worth of records and confident by the numbers. Producing over $75,000 in gross sales monthly as well as a take home of $18,000+ per month and at this price it will be gone quick. The shop also boasts all the shelving and showcases you will need as well as a humidifier room for cigars. The lease is spectacular as well at only $5250 with 2 years left and a 5 year option as well. Currently has two employees in place that runs the store to perfection and can be ran absentee or semi- absentee its up to you. The owner will also transfer all the vendor contacts as he receives enormous discounts on all the inventory. Also the owner has contract with all the major tobacco brands as well as vape(electronic cigarette) equipment and liquid. The store boasts a location with major corporate drive thru tenants near by that draw tons on traffic in pad locations as well as being surrounded by national corporate tenants as well. The inventory is estimated at cost at about $150,000 and is included in the price. The Seller is also offering great financing terms with $400,000 down and $400,000 with 4 years at 6.5%. Hurry up this wont last.
Contact the Seller:
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Property Features and Assets:
1600 sq.ft. storefront in a busy center in a standalone anchor building with great traffic surrounding it.
Market Competition and Expansion:
Tons of room for growth with an owner that will run it themselves.
Reason for Selling:
Kindly ask the seller for more information.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
Relevant Links:
- View more Arizona businesses for sale
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- Find a business broker
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