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Listed by:

Mike Darmo-American Realty Brokers

$360,000 Net Absentee Run Smoke Shop For Sale

Maricopa County, Arizona, US
Asking Price:
$700,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,320,000
Cash Flow:
$360,000

$360,000 Net Absentee-Run Smoke Shop

If you are looking for one of the most profitable smoke shop in the West Valley with staff in place with the owner that produces over $360,000 net profit in the owner pocket after all expenses and over $110,000 per month in Gross Sales with amazing seller financing terms and solid client base in a great location sitting in the center with two major tenants then look no further.

This smoke shop is situated in a 1,500 square feet 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 cigar room. The lease is amazing as well at $3,900 per month for 1,500 square feet all in with 3.5 years left and a 5 year option. The store boasts around $150,000 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 $450,000 down and $250,000 balance for 3 years at 6.5%. Hurry up these deals don't last for these once in blue moon opportunities.

Property Information

Real Estate:

Lease

Location:

Not Disclosed, AZ
Maricopa County

Size in square feet:
1,500

Business Operation

Expansion Potential:

Tons of room for growth with time and running it yourself to make more money.

Employees:
3

Other Information

Support & training:

The owner is willing to train/assist the new owner.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$450,000 down and $250,000 balance for 3 years at 6.5%

Furniture / Fixtures value:
$65,000 - included in the asking price
Inventory / Stock value:
$150,000 - included in the asking price