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Quick Facts
Asking Price: | $1,995,000 | |
Annual Revenue: | $1,600,000 | |
Net Profit: | $540 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | 50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 3 | |
BBN Listing #: | 923459836 | |
Broker Reference #: | Not Disclosed |
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Business Overview:
If you are looking for one of the most profitable smoke shop in Scottsdale with staff in place with the owner that produces over $540,000 net profit in the owner pocket after all expenses and over $500,000 in inventory included in the price and over $130,000 in gross sales monthly with amazing seller financing terms and solid client base in a great location surrounded by bars and restaurants with over 5 years of existence then look no further. This smoke shop is situated in a 1,950 square feet suite in a busy strip with tons of frontage view to a major road that bring a lot of traffic. The lease is amazing as well at $2,450 per month all in with 2 years left and possibility for options. The store boasts around $500,000 of the top of market inventory, carefully selected from years of experience from the owner and included in the price. It is truly turn-key and has room to grow by continuing the trend of the current owner. The seller is willing to carry with $1,200,000 down and $795,000 balance for 4 years at 7%. Hurry up these deals don't last for these once in blue moon opportunities.
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Property Features and Assets:
1,950 square feet storefront.
Market Competition and Expansion:
Tons or room for growth with more owner dedication and marketing.
Additional Details:
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