SCOTTSDALE, Arizona
| Asking Price |
$400,000 |
Year Established |
|
|
| Annual Revenue |
$480,000 |
Reason for Selling |
|
|
| Annual P/L |
$180,000 |
Attention |
Mike Darmo |
|
| Annual Cash Flow |
$0 |
Listing Number |
1014789 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Convenience Stores |
|
Business Overview:
You want a business that literally runs itself then look no further, this immaculate smoke shop in an amazing part of Scottsdale in a busy center surrounded by busy and popular corporate tenants and a major grocery store and has everything you want. This business has a great lease at $4,700 per month with 5 years left with a 5 year option in the area it is in is hard to find, a beautiful cigar room, $135,000 worth of Inventory in the store, and every sale tracked through a point of sale system with all the inventory being bar-coded. The seller also has payroll for 1FT and 1PT employee monthly so if you run it yourself you can add more to your profit every month. This well-oiled machine runs more efficiently than most smoke shops out there and the numbers are provable. The store mostly sells vapes and accessories and glass and that is why the margins are so high. Cigarette sales are less than 10% and the rest of the sales are the high-margin items. All the inventory can be delivered to the store, so no need to go shopping all the time. If you decide to make the store absentee , it should be very easy because of it being a smoke shop.
Property Features and Assets:
<p>Beautiful 1600 sq.ft. store front with a nice sized cigar room in a busy center.<br></p>
Market Competition and Expansion:
<p>Keep doing what the owner is doing and also make it absentee and take the concept and open another one and expand the business.<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