$66,000 NET Beautiful Smoke Shop and Convenience Store

Phoenix, AZ (Maricopa County)

$66,000 NET Beautiful Smoke Shop and Convenience Store
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Asking Price: $80,000

Cash Flow: $66,000

Gross Revenue: $270,000


FF&E: $35,000

Inventory: $40,000

Established: N/A

$66,000 NET Beautiful Smoke Shop and Convenience Store

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Business Description

Almost an Asset Sale At This Price with Great Seller Terms

If you are looking for a smoke shop and convenience store that is located on a very busy street with tons of exposure and soon to have a #10 license that will increase the sales then look no further. This store boasts a good amount of inventory that is included in the sale and solid numbers throughout. The store doesn't have EBT or lotto which could also increase the revenues. The store does have U-haul rentals which brings in solid regular income. The store has tons of shelving and equipment that are included. The current rent is $2,000 but the owner is subleasing half the space and the net rent with that is only $1,000 per month. The store included around $40,000 in inventory in the price. The seller is also offering great seller terms with only $55,000 down the seller will carry $25,000 for 18 months at 6.5%. Hurry up this won't last long.

Detailed Information

Phoenix, AZ
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
2200 Sq. ft. storefront at an end cap with great frontage view to a busy raod
Growth & Expansion:
Tons of room for growth once the #10 license takes in effect and adding EBT and Lotto
Seller will carry $25,000 for 18 Months at 6.5%
Support & Training:
2 Weeks after sale
Reason for Selling:
Planning on Moving
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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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