GLENDALE, Arizona
| Asking Price |
$185,000 |
Year Established |
|
|
| Annual Revenue |
$265,000 |
Reason for Selling |
|
|
| Annual P/L |
$128,000 |
Attention |
Mike Darmo |
|
| Annual Cash Flow |
$0 |
Listing Number |
1001975 |
|
| # of Employees |
|
Business Category |
Retail: Smoke & Vaping Shops |
|
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 an always packed parking lot with tons of room for growth and opportunity than look no further. This smoke shop is currently ran owner absentee. 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. The lease is only $3,718 per month. This recently remodeled large storefront boasts over 1422 sq.ft of space and nice showcases and almost furniture, fixtures, and equipment and a cigar humidifier cases which are included in the asking price. The store also has over $50,000 in inventory which is included in the price. Seller financing is available with $100,000 down and $85,000 over 2 years at 6.5%. When you see the location and pictures you will know why this store will sell very quickly.
Property Features and Assets:
<p>1422 sq.ft of space in a busy strip center<br></p>
Market Competition and Expansion:
<p>Tons of room for growth with more time and online marketing<br></p>
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