Vinni's Listing - Old Town Scottsdale Smoke Shop | $251K Cash Flow - Business for Sale

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Smoke Shop with Grandfathered License in Scottsdale, AZ

Scottsdale, AZ, US
Added today
Smoke Shop Retail Store
11 years in business
Absentee / Semi-Absentee

Retail smoke shop in Old Town Scottsdale, Arizona, operating since 2015, selling tobacco products and cigars with a grandfathered tobacco retail license tied to its location.

Key Information

Asking

$725K

Revenue

$1.2M

Earnings

$251K

Multiple

2.9x

Key Highlights

  • Annualized monthly operating expenses are approximately $228,000, including $102,000 payroll and $58,284 rent.
  • Inventory of approximately $85,000 at cost is purchased separately at closing.
  • Sale includes $20,000 in equipment and fixtures, goodwill, customer base, and a three-year non-compete.
  • Business has been established since 2015; current owner since 2022.
  • Three full-time employees run day-to-day operations; owner is absentee.
  • 2,000 sq ft retail space with two dedicated private parking spaces.
  • Business includes a grandfathered tobacco retail license tied to the location; Scottsdale does not issue new licenses.
  • Operating hours are Sunday–Thursday 9:00am–2:00am, Friday–Saturday until 3:00am.

Contact Info

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