PHOENIX, Arizona
| Asking Price |
$1,100,000 |
Year Established |
|
|
| Annual Revenue |
$1,440,000 |
Reason for Selling |
|
|
| Annual P/L |
$360,000 |
Attention |
Mike Darmo |
|
| Annual Cash Flow |
$0 |
Listing Number |
1013592 |
|
| # of Employees |
|
Business Category |
Retail: Smoke & Vaping Shops |
|
Business Overview:
If you are looking for one of the most profitable smoke shop in the West Valley with an employee in place with the owner that produces over $360,000 net profit in the owner pocket after all expenses and over $120,000 per month in Gross Sales with amazing seller financing terms and solid client base in a great location sitting in the center with solid neighboring tenants then look no further. This smoke shop is situated in a 1450 sq.ft. suite in a busy shopping center with tons of frontage view to a major road intersection that bring a lot of traffic with a beautiful set . The lease is amazing as well at $3,700 per month for 1450 sq.ft. all in with 3 years left and a 5 year option. The store boasts around $350,000 of the top of market inventory, carefully selected from years of experience from the owner and 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 $900,000 down and $200,000 balance for 2 years at 7.5%. Hurry up these deals don't last for these once in blue moon opportunities.
Property Features and Assets:
<p>1450 Sq.ft. suite in a busy shopping center</p>
Market Competition and Expansion:
<p>Tons of room for growth with time and running it yourself to make more money.</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