$96,000 NET Absentee-Run Inventory Included Very Busy Smoke Shop!!

, Arizona 4 views 0 favorites

Financial Highlights
Asking Price
$400,000
Revenue
$505,000
Business Description

Try and find a store with prove-able $96,000 annual net profit and a lease of only $2400 per month for 1200 sq.ft. and $150,000 in inventory included in the price and you wont find it until now especially a smoke shop. Seller has years worth of records and confident by the numbers. Producing around $42,500 in gross sales monthly as well as a take home of $8,000+ per month and at this price it will be gone quick. The shop also boasts all the shelving and showcases you will need for a strong smoke shop. The lease is spectacular as well at only $2400 per month for 5 years with a 5 year option. Currently has two employees in place that runs the store to perfection and can be ran absentee or semi-absentee its up to you. The owner is there overseeing the store and just makes sure the inventory is ordered. The store boasts a location with major corporate tenants near by that draw tons on traffic in pad locations as well as being surrounded by national corporate tenants as well. The inventory is estimated at cost at about $150,000 and is included in the price. Hurry up this wont last. Location: Phoenix, Arizona Number of Employees: 2 Facilities: 1200 sq.ft storefront in a busy strip center Growth & Expansion: Tons or room for growth and higher margins if you are to run it yourself.

Business Details
Industry:
Retail
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 20, 2022

Updated: 1 week ago

Views: 4

Favorites: 0