0000 W XXXXXXXX Road, Glendale, AZ 85306
$950,000
Property Type:
Business Opportunity
Square Footage:
2,200
Status:
Closed
Current Price:
$950,000
Last Modified:
6/16/2025
Description
If you are looking for two profitable smoke shops in the West Valley with staff in place with the owner that produces over $400,000 profit in the owner pocket after all expenses and $111,975 per month in Gross Sales with amazing seller financing terms and solid client base in great locations with each sitting in two busy strip centers on a major road then look no further. The leases are amazing as well at $3,185 per month and $2505 per month in with 3.5 years left and a 5 year option. Each store boasts around $135,000 of the top of market inventory, carefully selected from years of experience from the owner and included in the price. It is truly turn-key and has room to grow by continuing the trend of the current owner.
More Information MLS# 6844121
General Property Description
Ttl Apx SqFt Bldg: 2200
Uncvrd Parking Spcs: 50
Income & Expenses
Annual Gross Sales: 1343705
Owners Draw Included: No
Annual Owners Salary: 0
Annual Mngr Salary: 0
Anl Int (Non-RelEst): 0
Annual Depreciation: 0
Annual Fringes: 0
Adjusted Net Income: 0
Apx Value of Cash: 0
Ap Val Frn,Fxt & Eqp: 100000
Apx Val Inventory: 270000
Business Type
Retail: 1
Food & Beverage: 1
Pmt & Rate Info
Equity: 950000
Down Payment %: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Type of Lease
Other - See Remarks: 1
Form of Ownership
Other - See Remarks: 1
Sale Price Includes
Goodwill: 1
Equipment: 1
Inventory: 1
Lease Value: 1
Cvnt not to Compete: 1
Lease Information
Other - See Remarks: 1
Hours of Operation
Other - See Remarks: 1
Business Age
10+ Years: 1
Heating
See Remarks: 1
Current Ownership
10+ Years: 1
Cooling
See Remarks: 1
Expenses Include
See Remarks: 1
Business/Tenant Pays
See Remarks: 1
Source of Fincl Data
Other (See Remarks): 1
Water Source
See Remarks: 1
Sewer
See Remarks: 1
Parking Features
See Remarks: 1
Electric
Other (See Remarks): 1
Gas
Other (See Remarks): 1
New Financing
Cash: 1
Seller Approve Terms: 1
Current Financing 1
See Remarks: 1
Current Financing 2
See Remarks: 1
Current Financing 3
See Remarks: 1
Reports/Disclosures
Other (See Remarks): 1
Environmental
Other (See Remarks): 1
Contact Info
List Agent Home Phn: 623-236-0836
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Contract Info
Current Price: $950,000
Sold Price: $950,000
Status: Closed
List Date: 2025-04-01
Location
House Number: 0000
Compass: W
Street Name: XXXXXXXX
St Suffix: Road
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85306
County Code: Maricopa
Assessor Number: 000-00-000
Remarks Misc
Geo Lat: 33.66825
Geo Lon: -112.169887
Status Change Info
Off Market Date: 2025-06-16
Under Contract Date: 2025-06-02
Close of Escrow Date: 2025-06-16
Sold Price: $950,000
Income Expenses
Net Operating Income: 403111
Property Features
Business Type: Retail; Food & Beverage
Form of Ownership: Other - See Remarks
Sale Price Includes: Goodwill; Equipment; Inventory; Lease Value; Cvnt not to Compete
Lease Information: Other - See Remarks
Hours of Operation: Other - See Remarks
Type of Lease: Other - See Remarks
Business Age: 10+ Years
Current Ownership: 10+ Years
Expenses Include: See Remarks
Source of Fincl Data: Other (See Remarks)
Parking Features: See Remarks
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water Source: See Remarks
Sewer: See Remarks
Heating: See Remarks
Cooling: See Remarks
Lockbox Type: None
Current Financing 1: See Remarks
Current Financing 2: See Remarks
Current Financing 3: See Remarks
New Financing: Cash; Seller Approve Terms
Environmental: Other (See Remarks)
Listing Office:
American Realty Brokers
Last Updated: June - 16 - 2025
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