Smoke Shop � Absentee - Owned
www.GlobalBX.com
Listing ID:
700400408
Listing Title:
Smoke Shop � Absentee - Owned
Quick Link:
http://www.globalbx.com/listing.asp?bId=400408
Industry:
Retail
Industry Segment:
Other Retail
Country:
United States
State / Province:
Arizona
Area
City:
Phoenix
Asking Price Range:
$1.0M - $2.5M
Gross Revenues:
$2,268,197
Cash Flow:
$505,384
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2013
Number of Employees:
6 - 9
Business Description:
This well-established smoke shop has been in business for over a decade, offering a diverse selection of premium tobacco, alternative smoking products, and accessories. With a walk-in humidor, an extensive inventory, and knowledgeable staff, this business provides an exceptional customer experience, ensuring high retention and repeat business. Currently absentee-owned, this business presents a hassle-free, turnkey opportunity for an investor or owner-operator looking for a profitable and stable venture.
Business Highlights:
Decade-Long Success & Strong Market Presence
- Established as the first smoke shop in the area, this business holds a dominant market position.
- Restrictive city ordinance in place, protecting it from new competition.
- Recognized as the go-to smoke shop in the community.
Diverse & Profitable Product Lineup
- Premium cigars in a walk-in humidor for cigar connoisseurs.
- Disposable vapes, kratom & extracts, and many hemp-derived products.
- Hookahs, pipes, water pipes, and smoking accessories catering to all customer preferences.
Absentee-Owned & Fully Staffed for a Seamless Operation
- A reliable and knowledgeable team handles daily operations.
- The owner's involvement is minimal, making this an ideal passive-income investment.
Loyal & Diverse Customer Base
- Serves young professionals, mid-wealth individuals, retirees, and seasonal snowbirds.
- Strong customer retention due to personalized service, exclusive products, and competitive pricing.
This is a rare chance to acquire a profitable, hands-off business with a built-in customer base and secure market position. Opportunities like this don't last!
Cash Buyers Only. This business will not qualify for an SBA loan. However, the Seller is willing to carry a note for up to 50% of the purchase price for a qualified buyer.
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