$500,000 NET Absentee-Run Profitable Smoke Shop - Business for Sale
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Absentee-Run Smoke Shop in Glendale, AZ
Glendale, AZ, US
Added 1 month ago
Retail Stores - Smoke Shop
Absentee / Semi-Absentee
Retail smoke shop located in Glendale, Arizona, operating in a 4,000 sq.ft. strip center suite with staff in place and absentee ownership.
Key Information
Asking
$1.6M
Revenue
$2.0M
Earnings
$720K
Multiple
2.3x
Key Highlights
- Business operates in a 4,000 sq.ft. suite, using 2,400 sq.ft. for retail and the remainder for storage.
- Monthly gross sales average $166,000.
- Lease is $7,300 per month with 4 years remaining and a 5-year option.
- Seller financing available: $1,200,000 down, $550,000 balance with inventory included, financed over 4 years at 7.5%.
- Monthly payroll is approximately $10,500.
Contact Info
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