PRESCOTT, Arizona
| Asking Price |
$185,000 |
Year Established |
|
|
| Annual Revenue |
$415,000 |
Reason for Selling |
|
|
| Annual P/L |
$72,000 |
Attention |
Mike Darmo |
|
| Annual Cash Flow |
$0 |
Listing Number |
999590 |
|
| # of Employees |
|
Business Category |
Retail: Smoke & Vaping Shops |
|
Business Overview:
If you are looking for a solid smoke shop near Prescott, AZ with staff in place with the owner that produces over $72,000 profit per year in the owner's pocket after all expenses and over $30,000 per month in Gross Sales with amazing seller financing terms and solid client base in a great location then look no further. The owner is absentee and has 2 employees with a monthly payroll of $5,300 per month. This smoke shop is situated in a 1000 sq.ft. suite in a busy shopping center with tons of frontage view to a major road intersection that bring a lot of traffic. The lease is amazing as well at $2,400 per month for 1000 sq.ft. all in with 5 year left and a 5 year option. The store boasts around $80,000 of the top of market inventory, carefully selected from years of experience from the owner and is not 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 $120,000 down and $145,000 balance for 3 years at 7%. Hurry up these deals don't last for these once in blue moon opportunities.
Property Features and Assets:
<p>This smoke shop is situated in a 1000 sq.ft. suite in a busy shopping center with tons of frontage view to a major road intersection that brings a lot of traffic.<br></p>
Market Competition and Expansion:
<p>Tons of room for growth with a dedicated owner and more time.<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