$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 today
Smoke Shop Retail Store
Absentee / Semi-Absentee
Absentee-run smoke shop in Glendale, AZ operating from a 4,000 sq.ft. strip center location, selling tobacco products and related retail items with staff in place.
Key Information
Asking
$1.6M
Revenue
$2.0M
Earnings
$720K
Multiple
2.3x
Key Highlights
- Business operates absentee-run with staff in place.
- Average monthly gross sales are $166,000.
- Store occupies a 4,000 sq.ft. suite, using 2,400 sq.ft. for retail and the remainder for storage.
- Monthly lease is $7,300 with 4 years remaining and a 5-year option.
- Seller financing available: $1,200,000 down, $550,000 balance (with inventory included) over 4 years at 7.5% interest.
- Monthly payroll is approximately $10,500.
Contact Info
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