Hot Listing

$96,000 NET Busy Smoke Shop in Phoenix w/a Great Lease

Asking Price$150,000

Cash Flow
$96,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$360,000

Inventory$150,000
Not included in asking price
FF&E$50,000
Included in asking price
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Hot Listing

$96,000 NET Busy Smoke Shop in Phoenix w/a Great Lease


Asking Price$150,000

Cash Flow
$96,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$360,000

Inventory$150,000
Not included in asking price
FF&E$50,000
Included in asking price
Business Description
Amazing Location and Great FF&E and Inventory!!
If you are looking for a smoke shop in a highly desirable area that is surrounded by with tons of traffic and an always packed street with tons of room for growth and opportunity than look no further. 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 items and other items with high margins due to it proximity to near by dispensaries. Located near the 1-17 freeway. The lease is only $1,400 per month for over 1200 sq.ft. with 8 years left on the lease and nice showcases and furniture, fixtures, and equipment. The lease is good for years with options if you would like. The store also has around $150,000 in inventory which is not included in the asking price as well as the FF&E you are literally paying for a turn key smoke shop asset sale. The store opened up very recently and the owner has a change in plans so the sky is the limit, there is no historical financial data and this is mostly an asset sale for a smoke shop with great rent which are hard to find. When you see the locations and pictures you will know why this store will sell very quickly.
About the Business
Facilities & Assets
1200 Sq. Ft. suite in a strip center
Opportunities for Growth
Tons of room for growth with time.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,200
Rent
Not Disclosed
Lease Expiration
3/1/2033
About the Sale
Transition Support
2 Weeks after sale
Financing Options
Seller may entertain Seller Financing
Listing Info
ID
2394899
Listing Views
781

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Business Listed by: Mike Darmo American Realty Brokers

Listing ID: 2394899 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.