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Listed by:

Mike Darmo-American Realty Brokers

$360,000 NET Extremely Busy And Profitable Smoke Shop For Sale

Phoenix, Arizona, US
Asking Price:
$1,100,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,440,000
Cash Flow:
$360,000

If you are looking for one of the most profitable smoke shops in the West Valley with an employee in place, which produces over $360,000 net profit in the owner's pocket after all expenses and over $120,000 per month in Gross Sales with amazing seller financing terms and a solid client base in a great location, sitting in the center with solid neighboring tenants, then look no further. This smoke shop is situated in a 1450 sq.ft. suite in a busy shopping center with tons of frontage view to a major road intersection that brings a lot of traffic with a beautiful setup. The lease is amazing as well at $3,700 per month for 1450 sq.ft. all in with 3 years left and a 5 year option. The store boasts around $350,000 of the top of market inventory, carefully selected from years of experience from the owner and 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 $900,000 down and $200,000 balance for 2 years at 7.5%. Hurry up, these deals don't last for these once in a blue moon opportunities.

Property Information

Real Estate:

Lease

Other Information

Support & training:

2 Weeks after Sale

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

$900,000 down and $200,000 balance for 2 years at 7.5%

Furniture / Fixtures value:
$75,000 - included in the asking price
Inventory / Stock value:
$350,000 - included in the asking price