$55,000 NET Fully Absentee-Run Busy Smoke Shop and Convenience Store!

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Passive Income at a Great Deal with Great Seller Terms!!
Asking Price:
$250,000

Gross Revenue:
$300,000
Cash Flow:
$55,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$125,000
included in asking price

FF&E:
$85,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

If you are looking for a solid smoke shop which just added a #10 liquor license that has a owner who is completely absentee then look no further. This store if ran by the owner would make a lot more net income and with the addition of the beer and wine the sales should be going up a lot more. The price does include the inventory which is estimated at cost at $125,000. The rent is also very good, the lease is only around $2400 a month for the size of the store. If you see the layout of the store it has glass shelves everywhere and a large cigar room and tons of room, also coolers have been added for the beer and wine. The store sq.ft. is about 1600 sq.ft., you can't find another deal like this

About the Business

Location:
Phoenix, Arizona
Number of Employees:
2
Facilities:
1600 sq.ft. at the corner of a busy strip center
Growth & Expansion:
Tons of room for growth with an owner who will run it themselves with some part time employees.
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About the Sale

Training/Support:
2 Weeks after Sale
Seller Financing:
Seller would carry with $125,000 down and the balance for 3 years at 6.5%

Listing Info

ID:
1654416
Ad Detail Views:
0

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Business Listed by

Mike Darmo

American Realty Brokers
License# 576846000

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