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- RE: Semi-Absentee Smoke Shop In Central Scottsdale!!
- Contact: Mike Darmo
Quick Facts
Asking Price: | $155,000 | |
Annual Revenue: | $140,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 2 | |
BBN Listing #: | 991029 | |
Broker Reference #: | Not Disclosed |
Business Overview:
If you are looking for a smoke shop in a highly desirable area that is surrounded by corporate tenants and bars and restaurants with tons of traffic and frontage view of an always packed major 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 and vape items with high margins due to it proximity to near by dispensaries. Located near the central corridor of Scottsdale. The lease is only $2,600 per month for 4 years with no increase with a 5 year option. The storefront boasts 1000 sq .ft of space and nice showcases and almost furniture, fixtures, and equipment which are included in the asking price. The store has 2 employees that work 60 hours a week and the owners work 31 hours a week combined. Seller Financing available with $105,000 Down and $50,000 for 2 years at 6.5%. The store also has $50,000 in inventory which is included in the price. The shop needs more inventory added, also consider bringing lottery and beer & wine to increase traffic according to the Seller. 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:
1000 sq.ft. suite
Market Competition and Expansion:
More Inventory and consider bringing lottery and beer & wine to increase traffic according to the Seller.
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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- Find a business broker
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