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- RE: $144,000 NET Semi-Absentee-Run Phoenix Smoke Shop
- Contact: Mike Darmo
Quick Facts
| Asking Price: | $180,000 | |
| Annual Revenue: | $468,000 | |
| Net Profit: | $144,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 2 | |
| BBN Listing #: | 998538 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
If you are looking for a solid smoke shop in the East Valley with staff in place with the owner that produces over $144,000 profit per year in the owner's pocket after all expenses and over $39,000 per month in Gross Sales with amazing seller financing terms and solid client base in a great location then look no further. The owner is semi-absentee and has 2 employees with a monthly payroll of $6,000 per month. This smoke shop is situated in a 1200 sq.ft. suite in a busy shopping center with tons of frontage view to a major road intersection that bring a lot of traffic. The lease is amazing as well at $2,175 per month for 1200 sq.ft. all in with 1 year left and a 5 year option. The store boasts around $75,000 of the top of market inventory, carefully selected from years of experience from the owner and is 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 $120,000 down and $60,000 balance for 2 years at 6.5%. Hurry up these deals don't last for these once in blue moon opportunities.
Contact the Seller:
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Property Features and Assets:
This smoke shop is situated in a 1200 sq.ft. suite in a busy shopping center with tons of frontage view to a major road intersection that bring a lot of traffic.
Market Competition and Expansion:
Tons of room for growth with time and running it yourself to make more money.
Reason for Selling:
Kindly ask the seller for more information.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
Relevant Links:
- View more Arizona businesses for sale
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