$500,000 NET Absentee-Run Smoke Shop For Sale - Business for Sale
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Absentee-Run Smoke Shop in Glendale, AZ
Glendale, AZ, US
Added 1 month ago
Smoke Shop
Absentee / Semi-Absentee
Absentee-run smoke shop located in Glendale, AZ, operating in the retail industry with a focus on tobacco products.
Key Information
Asking
$1.8M
Revenue
$2.0M
Earnings
$500K
Multiple
3.5x
Key Highlights
- Business is absentee-run with staff in place.
- Average monthly gross sales are $166,000.
- Lease is $7,300 per month with 4 years left and a 5-year option.
- Store occupies 4,000 sq.ft., with 2,400 sq.ft. used for retail and the remainder for storage.
- Seller financing available: $1,200,000 down, $550,000 balance with inventory included, 4 years at 7.5% interest.
- Monthly payroll is approximately $10,500.
Contact Info
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