Absentee-Run 2-Location Smoke Shops in Mesa & Phoenix for Sale

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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

Absentee-run business with staff in place, generating $250,000 in owner profit.
Two profitable smoke shop/water store locations in high-traffic strip centers on major roads in Mesa and Phoenix.
Excellent lease terms and significant room for growth with a more hands-on owner.

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

Features & Tags

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