$120,000 NET Per Year Absentee-Run Smoke Shop!

Phoenix, AZ
Maricopa County


Asking Price: Annual Revenue:
$400,000 $1,390,000

Food & Beverage: Convenience Stores


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RE: $120,000 NET Per Year Absentee-Run Smoke Shop! Broker: Mike Darmo
Owner Financing is Available!
$300,000 down the seller will carry $100,000 for 2 years at 0%.

Quick Facts

Asking Price: $400,000
Annual Revenue: $1,390,000
Net Profit: Not Disclosed
Cash Flow: $120,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 616359836
Broker Reference #: Not Disclosed

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Business Overview:

Try and find a store with prove-able $120,000 annual net profit and a lease of only $2,400 per month for 1,200 square feet 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 and willing to carry the inventory and some of the price. Producing around $107,500 in gross sales monthly as well as a take home of $10,000+ per month and at this price it will be gone quick. The shop also boasts all the shelving and showcases you will need for a strong smoke shop. The lease is spectacular as well at only $2,400 per month for 5 years with a 5 year option. Currently has three employees in place that runs the store to perfection and can be ran absentee or semi-absentee its up to you. The owner is there overseeing the store barely and just makes sure the inventory is ordered. The store boasts a location with major corporate 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 offering great seller terms with $300,000 down the seller will carry $100,000 for 2 years at 0%. Hurry up this wont last.

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Property Features and Assets:

1,200 square feet storefront in a busy strip center.

Market Competition and Expansion:

Tons or room for growth and higher margins if you are to run it yourself.

Additional Details:

  • The property is owned.
  • 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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