$72,000 NET Absentee-Run Near Prescott Smoke Shop w/a Great Lease

Asking Price$219,990

Cash Flow
$72,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$415,000

Inventory$80,000
Not included in asking price
FF&E$50,000
Included in asking price
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$72,000 NET Absentee-Run Near Prescott Smoke Shop w/a Great Lease


Asking Price$219,990

Cash Flow
$72,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$415,000

Inventory$80,000
Not included in asking price
FF&E$50,000
Included in asking price

Seller Financing Available
Business Description
Amazing Lease and Seller Financing Terms!!!
If you are looking for a solid smoke shop near Prescott, AZ with staff in place with the owner that produces over $72,000 profit per year in the owner's pocket after all expenses and over $30,000 per month in Gross Sales with amazing seller financing terms and solid client base in a great location then look no further. The owner is absentee and has 2 employees with a monthly payroll of $5,300 per month. This smoke shop is situated in a 1000 sq.ft. suite in a busy shopping center with tons of frontage view to a major road intersection that bring a lot of traffic. The lease is amazing as well at $2,400 per month for 1000 sq.ft. all in with 5 year left and a 5 year option. The store boasts around $80,000 of the top of market inventory, carefully selected from years of experience from the owner and is not included in the price. It is truly turn key and has room to grow by continuing the trend of the current owner. The seller is willing to carry with $140,000 down and $160,000 balance for 3 years at 7%. Hurry up these deals don't last for these once in blue moon opportunities
About the Business
Facilities & Assets
This smoke shop is situated in a 1000 sq.ft. suite in a busy shopping center with tons of frontage view to a
major road intersection that bring a lot of traffic.
Opportunities for Growth
Tons of room for growth with a dedicated owner and more time
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,000
Rent
$2,400.00 per month
Lease Expiration
3/1/2030
About the Sale
Transition Support
2 weeks after sale
Financing Options
$140,000 down and $160,000 balance for 3 years at 7%.
Listing Info
ID
2422253
Listing Views

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Business Listed by: Mike Darmo American Realty Brokers

Listing ID: 2422253 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.