Businesses For Sale > Business For Sale in Phoenix, Arizona (AZ)
$132,000 NET Smoke Shop in a Busy Shopping Center!!!! for sale in Phoenix, AZ
Phoenix, Arizona (AZ)
Asking Price: |
Gross: |
Cash Flow: |
$ 260,000 |
$ 625,000 |
$ 132,000 |
Furniture and Fixtures Value:
$ 45,000 (included in the asking price)
Inventory Value:
$ 70,000 (included in the asking price)
Business Summary:
If you are looking for a smoke shop in a highly desirable area that is surrounded by with tons of traffic and an always packed street with tons of room for growth and opportunity than look no further. Smoke shops are some of the most sought after businesses since a lot of landlords are not approving new ones being built and with the location of this one the competition is slim to none. The smoke shop mostly sells glass items and other items with high margins due to it proximity to near by dispensaries. Located near the central corridor of the 1-17. The lease is only $2200 per month for 1000 sq.ft.. This storefront boasts over 1000 sq.ft of space and nice showcases and furniture, fixtures, and equipment. The owner is also offering great seller terms with $200,000 the owner will carry the balance of $60,000 for 2 years at 7%. The lease is good for 3.5 years with options if you would like. The store also included over $70,000 in inventory included in the asking price. When you see the locations and pictures you will know why this store will sell very quickly.
|
|
|
|
|
Facilities / Terms of Lease:
1000 sq.ft. storefront in busy shopping center with frontage view to a busy road. |
|
|
|
Potential
Growth/Expansion:
Tons of room for growth with more hours and employees and more inventory. |
|
|
|
Owner
willing to finance:
$200,000 down payment and the balance of $60,000 for 2 years at 7% |
|
|
|
Owner
willing to train:
2 Weeks after Sale |
|
|
|
Reason for selling:
Retiring |
|
|
|
Seller Reference Number: bm1127804152
BusinessMart.com Listing Number: 272345 |
|
|
To request more information
on this business
please fill out the form shown right
|
|
|
For
more info contact:
Mike Darmo
American Realty Brokers
623-236-0836
|
|