$480,000 NET Potential Absentee-Run Busy and Profitable Smoke Shop!!!

Maricopa County, AZ

Seller Financing Available

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Asking Price:$2,600,000
Gross Revenue:$2,280,000
Rent:$2,300
Established Year:2013
Cash Flow:$480,000
Inventory:$500,000
FF&E:$65,000
BUSINESS DESCRIPTION

Hard to Find High Grossing Smoke Shop!!

If you are looking for a very profitable smoke shop in the West Valley with staff in place with the owner that produces over $480,000 net profit in the owner pocket after all expenses and an average of $190,000 per month in Gross Sales with amazing seller financing terms and solid client base in a great location surrounded by corporate tenants with exposure to a major road and competition far away and a cigar humidifier room and amazing FF&E then look no further. This smoke shop is situated in a 1400 sq.ft. suite in a strip center with tons of frontage view to a major road surrounding. The lease is amazing as well at $2,300 per month all in with 5 years left and 5 year options. The store boasts around $500,000 of the top of market inventory, carefully selected from years of experience from the owner and is included in the price. It is truly turn-key and has room to grow by continuing the trend of the current owner. Run it yourself add more NET income to the yearly total. The store has been in business for over 10 years. The seller is offering amazing seller terms and is willing to carry with $1,300,000 down and $1,300,000 balance for 5 years at 0%. Hurry up these deals don't last for these once in blue moon opportunities.


DETAILED INFORMATION
Location
Maricopa County, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,400
Lease Expiration
01/01/2028
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
1400 sq.ft. space taking two suites with exposure to a major road with tons of traffic
Growth & Expansion
Tons of room for growth with more online marketing and time.
Financing
$1,300,000 down and $1,300,000 balance for 5 years at 0%
Support & Training
2 Weeks after Sale
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Mike
Darmo
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Mike Darmo