You want a business that literally runs itself then look no further, this immaculate smoke shop in an amazing part of Scottsdale in a busy center surrounded by corporation tenants and a busy and popular sports bar has everything you want. This business has a great lease at $2761.00 per month in the area it is in is hard to find, a beautiful cigar room, tons of inventory, and every sale tracked through a point of sale system with all the inventory being bar-coded. This well-oiled machine runs more efficiently then most smoke shops out there and the numbers are provable. The store mostly sells vapes and accessories and glass and that is why the margins are so high. Cigarette sales are less than 10% and the rest of the sales are the high-margin items. All the inventory can be delivered to the store, so no need to go shopping all the time. If you decide to make the store absentee the store will still make a very strong profit.
The hours of operations are:
Monday - Saturday 10:00am - 9pm
Hurry up this will go quick. Make an offer today.
About the Business
Number of Employees:
Building Sq. Ft.:
Beautiful 1200 sq.ft. store front with a nice sized cigar room in a busy center.
No smoke shop in a 2 mile radius.
Growth & Expansion:
Keep doing what the owner is doing and also make it absentee and take the concept and open another one and expand the business. With the Net income this store makes it is fully possible.
Seller will carry price and inventory with $400,000 down
Ad Detail Views:
Asking Price: $500,000 Gross Revenue: $540,000Cash Flow: $225,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $130,000 not included in asking priceFF&E: $75,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
$225,000 NET Very Profitable Smoke Shop in Scottsdale in a Busy Center
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