$60,000 NET Absentee-Run Profitable Smoke Shop in Tempe!!
| Asking Price: | $200,000 |
| Gross Revenue: | $570,000 |
| Rent: | $2,400 |
| Cash Flow: | $60,000 |
| Inventory: | $35,000 |
| FF&E: | $45,000 |
Amazing Location and Potential!!!
If you are looking for a smoke shop in a highly desirable area that is surrounded by corporate tenants and bars and restaurants with tons of traffic and an always packed street next to ASU with tons of room for growth and opportunity than look no further. This smoke shop is currently ran owner absentee. Smoke shops are some of the most sought after businesses since a lot of landlords are not approving new ones being built and with the location of this one the competition is slim to none. The smoke shop mostly sells glass and vape items with high margins due to it proximity to near by dispensaries. Also the seller was approved by the State for a bar and wine #10 license. The lease is only $2,400 per month. This stocked-up storefront boasts over 300 sq.ft of space and nice showcases and almost furniture, fixtures, and equipment which are included in the asking price. The store also has over $35,000 in inventory which is not included in the price. The owner pays around $8,000 in payroll monthly so if you were to run it yourself the profit monthly would be increase greatly. When you see the locations and pictures you will know why this store will sell very quickly.
