Smoke Shop – Absentee-Owned

Phoenix, AZ (Maricopa County)
Asking Price: $1,750,000
Business For Sale Details
Listed on Mar 22, 2025

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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Financials (USD)

Asking Price $1,750,000

Cash Flow $505,384

Sales $2,268,197

Deal Terms

Represented by broker? Yes

Seller Financing? Yes

Franchise? No

Management will stay? Yes

Relocatable? No

Real Estate? No

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

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