$210,000 NET Semi-Absentee Smoke Shop

Phoenix, AZ
Maricopa County

Asking Price: Annual Revenue:
$399,990 $840,000

Food & Beverage: Convenience Stores

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RE: $210,000 NET Semi-Absentee Smoke Shop Broker: Mike Darmo
Owner Financing is Available!
$250,000 down and $150,000 Balance for 3 years at 8%

Quick Facts

Asking Price: $399,990
Annual Revenue: $840,000
Net Profit: $210,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 445759836
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

If you are looking for a semi-absentee run 24/7 smoke shop in a highly desirable area that is surrounded by corporate tenants and bars and restaurants 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 with high margins due to it proximity to near by dispensaries. Located near the central corridor. The lease is only $1,000 per month and included the water & electricity. This storefront boasts over 1,000 square feet of space and nice showcases and furniture, fixtures, and equipment. The lease is good for 1 year w/options. The store also included over $120,000 in inventory included in the asking price. Seller will also do seller financing with $250,000 down and $150,000 Balance for 3 years at 8% 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:

1,000 Square feet storefront with tons of traffic surrounding it.

Market Competition and Expansion:

Tons of room for growth if you run it yourself and save on payroll. The owner only does the shopping and light work.

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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