Absentee-Run 2-Location Smoke Shops in Mesa & Phoenix for Sale
Financial Details
- Asking Price:
- $375,000
- Annual Revenue:
- $720,000
- Cash Flow / SDE:
- $250,000
- Profit Metric:
- Seller's Discretionary Earnings
- Valuation Multiple:
- 1.5x
- Location:
- Mesa, AZ, US
- Source:
- Date:
- September 18, 2025
Key Highlights
Description
This listing presents an excellent opportunity to acquire two established, absentee-run smoke shops and water stores located in Mesa and Phoenix, Arizona. The business generates approximately $250,000 in Seller's Discretionary Earnings (SDE) annually, with a reported Gross Revenue of $720,000. The operations are managed by existing staff, allowing for an absentee ownership model. The listing highlights great locations situated in busy strip centers on major roads, with attractive lease terms for both the Mesa store ($4,300/month for 1511 sq.ft.) and the Phoenix store ($3,600/month for 975 sq.ft.). The inventory, valued at $170,000, is not included in the asking price of $375,000, while the Furniture, Fixtures, and Equipment (FF&E) valued at $100,000 are included. The business is described as turn-key with significant potential for growth, especially for a more hands-on owner, with suggestions like adding beer and wine sales. The seller offers two weeks of transition support post-closing.
Industry Information
- Industry Description:
- Smoke Shops
- Classification:
- Retail
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $7,900 USD
Assets & Inventory
- FF&E Value:
- $100,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $170,000 USD
- Includes Inventory:
- No
Broker Contact
- Name:
- Mike Darmo
- Company:
- American Realty Brokers
Listing Details
- Listing ID:
- 89b71e14-a8e7-4b0f-8462-00719b516e6b
- Source Listing ID:
- 2414688
- Deal Status:
- For Sale
- Last Updated:
- September 18, 2025
- Currency:
- USD