$400,000 NET Extremely Busy and Profitable Smoke Shop!!!

Phoenix, AZ

Seller Financing Available

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Asking Price:$1,250,000
Gross Revenue:$1,680,000
Rent:$3,700
Cash Flow:$400,000
Inventory:$350,000
FF&E:$75,000
BUSINESS DESCRIPTION

Hard to Find High Producing Smoke Shop!!

If you are looking for one of the most profitable smoke shop in the West Valley with an employee in place with the owner that produces over $400,000 net profit in the owner pocket after all expenses and over $140,000 per month in Gross Sales with amazing seller financing terms and 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 bring a lot of traffic with a beautiful set . The lease is amazing as well at $3,700 per month for 1450 sq.ft. all in with 3.5 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 $800,000 down and $450,000 balance for 5 years at 7.5%. Hurry up these deals don't last for these once in blue moon opportunities.


DETAILED INFORMATION
Location
Phoenix, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,450
Lease Expiration
01/12/2027
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
1450 Sq.ft. suite in a busy shopping center
Growth & Expansion
Tons of room for growth with time and running it yourself to make more money
Financing
$800,000 down and $450,000 balance for 5 years at 7.5%
Support & Training
2 Weeks after Sale
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Mike
Darmo
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Mike Darmo