$69,000
Scottsdale, AZ 85260
MLS# 6765266
Status: Closed
1 / 1
Property Description
You want a business that literally runs itself then look no further, this immaculate smoke shop in an amazing part of Scottsdale in a busy center surrounded by corporation tenants and a busy and popular sports bar has everything you want. This business has a great lease at $3,146.00 per month with 4 years left with three 5 year options in the area it is in is hard to find, a beautiful cigar room, $90,000 worth of Inventory in the store, and every sale tracked through a point of sale system with all the inventory being bar-coded. The seller also pays over $6,000 in payroll monthly so if you run it yourself you can add more to your profit every month. This well-oiled machine runs more efficiently than most smoke shops out there and the numbers are provable.
Details
Maps
General Property Description
Sold Price Per SqFt: 57.5
Ttl Apx SqFt Bldg: 1200
Uncvrd Parking Spcs: 25
Income & Expenses
Annual Gross Sales: 300000
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: 65000
Apx Val Inventory: 90000
Business Type
Retail: 1
Pmt & Rate Info
Equity: 85000
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
5 - 10 Years: 1
Heating
See Remarks: 1
Current Ownership
1 - 3 Years: 1
Cooling
See Remarks: 1
Expenses Include
See Remarks: 1
Business/Tenant Pays
Other: 1
Source of Fincl Data
Owner: 1
Water Source
See Remarks: 1
Sewer
Other: 1
Parking Features
Other: 1
Electric
Other (See Remarks): 1
Gas
Other (See Remarks): 1
New Financing
Cash: 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: $69,000
Sold Price: $69,000
Status: Closed
List Date: 2024-10-02
Location
House Number: 0000
Compass: E
Street Name: XXXXXXX
St Suffix: Avenue
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85260
County Code: Maricopa
Assessor Number: 000-00-000
Remarks Misc
Geo Lat: 33.609992
Geo Lon: -111.891991
Status Change Info
Off Market Date: 2025-12-31
Under Contract Date: 2025-12-10
Close of Escrow Date: 2025-12-31
Sold Price: $69,000
Income Expenses
Net Operating Income: 42000
Property Features
Business Type: Retail
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: 5 - 10 Years
Current Ownership: 1 - 3 Years
Expenses Include: See Remarks
Source of Fincl Data: Owner
Parking Features: Other
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water Source: See Remarks
Sewer: Other
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
Environmental: Other (See Remarks)
Listing Office: American Realty Brokers
Last Updated: December - 31 - 2025
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