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- RE: $96,000 NET Smoke Shop W/ Inventory Included
- Contact: Mike Darmo
Quick Facts
Asking Price: | $400,000 | |
Annual Revenue: | $505,000 | |
Net Profit: | $96,000 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $75,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 2 | |
BBN Listing #: | 471359836 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Try and find a store with prove-able $96,000 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 a smoke shop. Seller has years worth of records and confident by the numbers. Producing around $42,500 in gross sales monthly as well as a take home of $8,000 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 two 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 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. 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 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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- Sell a business online
- Find a business broker
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