$225,000 NET Absentee-Run 2-Location Smoke Shops

MESA, Arizona

Asking Price $395,000 Year Established
Annual Revenue $640,000 Reason for Selling  
Annual P/L $225,000 Attention Mike Darmo
Annual Cash Flow $0 Listing Number 998388  
# of Employees Business Category Food & Beverage: Convenience Stores

Business Overview:

If you are looking for two profitable smoke shops/water stores with staff in place with the owner that produces around $225,000 profit in the owner pocket after all expenses and $60,000 per month in Gross Sales and solid client base in great locations with each sitting in two busy strip centers on a major road then look no further. The leases are amazing as well for the store in Mesa at $4,300 per month for 1511 Sq.ft. and $3,600 per month for 975 sq.ft. The Mesa store boasts around $100,000 and Phoenix $70,000 worth of the top of market inventory, carefully selected from years of experience from the owner and are not included in the price. It is truly turn-key and has room to grow by continuing the trend of the current owner. Both store are turn-key and if you are a more hands-on owner then the sky is the limit possibility to increase income goes up dramatically. Seller is also offering amazing Seller Financing terms with $185,000 down and $210,000 balance for 4 years at 7%. Hurry up these deals don't last for these once in blue moon opportunities especially in the area they are located in.

Property Features and Assets:

<p>1511 Sq.ft. suite and a 975 sq.ft. suite<br></p>

Market Competition and Expansion:

<p>Tons of room for growth with a more dedicated owner and maybe adding beer and wine<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

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