$225,000 NET Very Profitable Smoke Shop in Scottsdale in a Busy Center

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Located in Beautiful North Scottsdale with $225,000 NET!!!!!!!!

Business Description

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
Sunday 11am-7pm

Hurry up this will go quick. Make an offer today.

About the Business

Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
1,200
Lease Amount/Mo.:
$2,761.47
Facilities:
Beautiful 1200 sq.ft. store front with a nice sized cigar room in a busy
center.
Market Outlook/
Competition:
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.
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About the Sale

Seller Financing:
Seller will carry price and inventory with $400,000 down

Listing Info

ID:
1550104
Ad Detail Views:
165
Asking Price:
$500,000

Gross Revenue:
$540,000
Cash Flow:
$225,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$130,000
not included in asking price

FF&E:
$75,000
included in asking price

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Business Listed by

Mike Darmo

American Realty Brokers
License# 576846000

 Show Phone Number

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