$500,000 NET Absentee-Run Busy and Profitable Smoke Shop!!! - Business for Sale
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Absentee-Run Smoke Shop in Glendale, AZ
Glendale, AZ, US
Added 2 months ago
Smoke Shop / Tobacco Retail
Absentee / Semi-Absentee
Retail smoke shop located in Glendale, AZ, operating in a 4,000 sq.ft. strip center suite with a cigar humidifier room and staff in place, currently run absentee.
Key Information
Asking
$1.8M
Revenue
$1.6M
Earnings
$500K
Multiple
3.5x
Key Highlights
- Annual gross sales are $1,610,000.
- Business operates absentee-run with staff in place; owner spends approximately $10,500 per month on payroll.
- Average monthly gross sales are $130,000.
- Store occupies a 4,000 sq.ft. suite, using 2,400 sq.ft. for retail and the remainder for storage.
- Lease is $7,300 per month (all in) with 3 years remaining and a 5-year option.
- Inventory valued at approximately $225,000 is included in the price.
- Seller financing available: $1,200,000 down, $550,000 balance with inventory included, financed over 4 years at 7.5% interest.
Contact Info
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