$96,000 NET Newly Remodeled Smoke Shop in Glendale!!

Asking Price$200,000

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

Gross Revenue$265,000

Inventory$80,000
Included in asking price
FF&E$50,000
Included in asking price
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$96,000 NET Newly Remodeled Smoke Shop in Glendale!!


Asking Price$200,000

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

Gross Revenue$265,000

Inventory$80,000
Included in asking price
FF&E$50,000
Included in asking price
Business Description
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 then 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 Heart of Glendale The lease is only $1,415 per month for over 1000 sq.ft. with a new lease for the new owner and nice showcases and furniture, fixtures, and equipment. The store also has around $80,000 in inventory which is 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 was recently remodeled and the owner has a change in plans so the sky is the limit. This is turn-key opportunity makes over $8,000 in profit if you run it yourself. When you see the locations and pictures you will know why this store will sell very quickly.
About the Business
Facilities & Assets
1000 SQ.FT. suite near major retailers in a shopping center.
Opportunities for Growth
Tons of room for growth if you run it yourself and with more time.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,000
Rent
Not Disclosed
About the Sale
Transition Support
2 Weeks after Sale
Listing Info
ID
2400560
Listing Views
278

Contact Seller

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Business Listed by: Mike Darmo American Realty Brokers

Listing ID: 2400560 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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