$156,000 NET Very Profitable Semi-Absentee Smoke Shop w/ High Margins!

Scottsdale, AZ (Maricopa County)

Seller Financing Available
$156,000 NET Very Profitable Semi-Absentee Smoke Shop w/ High Margins!
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Asking Price: $500,000

Cash Flow: $162,000

Gross Revenue: $780,000


FF&E: $75,000

Inventory: $150,000*

Established: N/A

*not included in asking price.

$156,000 NET Very Profitable Semi-Absentee Smoke Shop w/ High Margins!

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Business Description

Near One of the Busiest Intersections In Arizona with an Amazing NET Income!!!!!

If you are looking for a high margin(Close to 40%) highly profitable smoke shop with a very strong brand in a very good spot in the heart of Scottsdale with an amazing lease of only $2400 a month with over 9 years left on the lease with around $150,000 in inventory at cost with an amazing selection and no non-movable inventory then look no further. This store boasts 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 7% and the rest of the sales are the high-margin items. The seller is also offering amazing seller financing terms, with $350,000 down the seller will carry with remaining balance and inventory of $300,000 for 5 years at 7%. The owner currently works there around 4 hours a day so if replaced can be run fully absentee, and if you decide to run it completely yourself you can save a few thousand a month on payroll and unlike convenience stores and liquor stores the hours are not extreme.

The Hours of Operation are:
Monday - Saturday 10AM to 9PM
Sunday 11AM to 7PM

Detailed Information

Scottsdale, AZ
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
1000 sq.ft. suite in a busy strip surrounded by corporate tenants next to one of the busiest intersections in Arizona.
Growth & Expansion:
The sky is limit for this shop, with the competition being minimal and the location being in an excellent spot.
$350,000 Down and $300,000 for 5 years at 7%
Support & Training:
2 Weeks after sale
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(from currently available funds)
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Mike Darmo

Business Listed By:
Mike Darmo

American Realty Brokers

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