Seller's Contact Information

  • RE:  Absentee-Run Smoke Shop W/a Great Lease
  • Contact:  Mike Darmo
Owner Financing is Available!
Seller may be open to financing.

Quick Facts

Asking Price: $65,000
Annual Revenue: $108,000
Net Profit: $12
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: 15,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 621259836
Broker Reference #: Not Disclosed

Email or Print Listing

Business Overview:

If you are looking for a smoke shop in a highly desirable area that is surrounded by with tons of traffic and an always packed street 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 smoke shop mostly sells glass items and other items with high margins due to it proximity to near by dispensaries. Located near the central corridor of Phoenix. The lease is only $2,500 per month for over 1,200 square feet. This storefront boasts over 1,500 square feet of space and nice showcases and furniture, fixtures, and equipment. The lease is good for 1.5 year with a 5 year option The store also included over $80,000 in inventory included in the asking price. The payroll is around $3,000 per month so if you add that back you are making $4000 a month in NET if you run it yourself. When you see the location and pictures you will know why this store will sell very quickly.

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Property Features and Assets:

1,500 Square feet storefront.

Market Competition and Expansion:

Tons of room for growth if you run it yourself and add more inventory and increase hours. Currently open from 10am to 8pm daily. Seller is currently out of state.

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

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