$144,000 NET Semi-Absentee-Run Phoenix Smoke Shop w/Inventory Included
Business Description
Amazing Price, NET, and Seller Financing Terms!!!
If you are looking for a solid smoke shop in the East Valley with staff in place with the owner that produces over $144,000 profit per year in the owner's pocket after all expenses and over $39,000 per month in Gross Sales with amazing seller financing terms and solid client base in a great location then look no further. The owner is semi-absentee and has 2 employees with a monthly payroll of $6,000 per month. This smoke shop is situated in a 1200 sq.ft. suite in a busy shopping center with tons of frontage view to a major road intersection that bring a lot of traffic. The lease is amazing as well at $2,175 per month for 1200 sq.ft. all in with 1 year left and a 5 year option. The store boasts around $75,000 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. The seller is willing to carry with $120,000 down and $60,000 balance for 2 years at 6.5%. Hurry up these deals don't last for these once in blue moon opportunities
About the Business
- Facilities & Assets
- This smoke shop is situated in a 1200 sq.ft. suite in a busy shopping center with tons of frontage view to a major road intersection that bring a lot of traffic.
- Opportunities for Growth
- Tons of room for growth with time and running it yourself to make more money.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,200
- Rent
- Not Disclosed
About the Sale
- Transition Support
- 2 Weeks after Sale
- Financing Options
- $120,000 down and $60,000 balance for 2 years at 6.5%
Listing Info
- ID
- 2415454
- Listing Views
Listing ID: 2415454 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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