$360,000 NET Per Year Extremely Busy Smoke Shop

Goodyear, AZ
Maricopa County

Asking Price: Annual Revenue:
$839,990 $2,400,000

Food & Beverage: Convenience Stores

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RE: $360,000 NET Per Year Extremely Busy Smoke Shop Broker: Mike Darmo
Owner Financing is Available!
Seller will carry with $500,000 down and the balance for 3 years at 1%

Quick Facts

Asking Price: $839,990
Annual Revenue: $2,400,000
Net Profit: Not Disclosed
Cash Flow: $360,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 991459836
Broker Reference #: Not Disclosed

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Business Overview:

Try and find a store with prove-able $360,000 annual net profit and a lease of only $2,600 per month and over $250,000 in inventory and you wont find it until now. Seller has years worth of records and confident by the numbers and willing to carry the inventory. Producing around $200,000 in gross sales monthly as well as a take home of $30,000+ 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 $2,600 with 3 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 $250,000 and is included in the price. Please only serious buyer and the owner may consider carrying some of the purchase price with a qualified buyer.

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Property Features and Assets:

1,200 square feet storefront suite in a very busy center.

Market Competition and Expansion:

Tons of room for growth with time but the clientele are very loyal and are stacking the business with profit from consistent patronage. Keep it going as it is and reap the rewards.

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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