Hot Listing

$1,000,000 NET Absentee-Run Busy and Profitable Chandler Smoke Shop!!!

Asking Price$3,000,000

Cash Flow
$1,000,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,700,000

Inventory$325,000
Included in asking price
FF&E$100,000
Included in asking price
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Hot Listing

$1,000,000 NET Absentee-Run Busy and Profitable Chandler Smoke Shop!!!


Asking Price$3,000,000

Cash Flow
$1,000,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,700,000

Inventory$325,000
Included in asking price
FF&E$100,000
Included in asking price
Business Description
Amazing Location and Net Income with a Great Lease!!!!
If you are looking for one of the most profitable smoke shop in the Valley with staff in place with the owner that produces over $1,000,000 net profit in the owner pocket after all expenses and over $225,000 per month in Gross Sales with a solid client base in a great location surrounded by corporate tenants with over 10 years of existence then look not further. This smoke shop is situated in a 1700 sq.ft. storefront with 1200 sq.ft. of additional storage/expansion space in a busy shopping center with tons of frontage view to a major road surround by corporate tenants that bring a lot of traffic. The lease is amazing as well at $3,800 per month all in with 5 years left and 5 year options. The store boasts around $325,000 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 owner currently has a manager that receives around $9,000 in salary and 3 other employees that receive $1,000 a week each for total of $20,000 in payroll. Hurry up these deals don't last for these once in blue moon opportunities.
About the Business
Employees
4
Facilities & Assets
2900 sq.ft. suite in a busy shopping center surrounded by corporate tenants.
Market Outlook / Competition
Not much that can compete with the volume and customer base.
Opportunities for Growth
Tons of room for growth by maintaining current owner's path or running it yourself and saving on payroll.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,900
Rent
Not Disclosed
Lease Expiration
6/1/2030
About the Sale
Seller Motivation
Retiring
Transition Support
2 Weeks after Sale
Listing Info
ID
2396464
Listing Views
1783

Contact Seller

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Business Listed by: Mike Darmo American Realty Brokers

Listing ID: 2396464 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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