$80,000 NET Smoke Shop in Old Town Scottsdale!

Scottsdale, AZ
Maricopa County


Asking Price: Annual Revenue:
$165,000 $255,000

Food & Beverage: Convenience Stores


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RE: $80,000 NET Smoke Shop in Old Town Scottsdale! Broker: Mike Darmo

Quick Facts

Asking Price: $165,000
Annual Revenue: $255,000
Net Profit: Not Disclosed
Cash Flow: $80,000
Total Debt: Not Disclosed
FF&E: $65,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 1
BBN Listing #: 400059836
Broker Reference #: Not Disclosed

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Business Overview:

If you are looking for a smoke shop in a highly desirable area that is surrounded by with tons of traffic and close to Old Town Scottsdale 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 store just started opening up on Sundays so the gross income should increase and also the store was only open from 10am-6pm so there is a lot of money left on the table. The owner is looking to retire and that is why they didn't push for longer hours and Sundays open. The smoke shop mostly sells vape items and disposables and other items with high margins. This store is located near the Old Town Scottsdale corridor. The lease is only $2,200 per month for 1,200 square feet. This storefront boasts over 1,000 square feet of space and nice showcases and furniture, fixtures, and equipment and a back storage area and office which can be converted to more retail space. The lease is good till the end of year with a 3 year option. The store also has over $50,000 in inventory there. 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:

1,200 Square feet in the corner of a busy strip center near a major road with frontage view.

Market Competition and Expansion:

Tons of room for growth with more hours, inventory, and marketing.

Reason for Selling:

Retiring

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.

Relevant Links:

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