GLENDALE, Arizona
| Asking Price |
$399,000 |
Year Established |
|
|
| Annual Revenue |
$600,000 |
Reason for Selling |
|
|
| Annual P/L |
$160,000 |
Attention |
Mike Darmo |
|
| Annual Cash Flow |
|
Listing Number |
986596 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Liquor Stores |
|
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. Seller will carry with $399,000 down and the balance of $120,000 for 2 years at 7%. The store also has over $120,000 in inventory which is not included in the price. 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 running it yourself.<br></p>
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity