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- RE: Pleasant Cigar Lounge With Recurring Revenue
- Contact: Ginger Adams
Quick Facts
Asking Price: | $799,000 | |
Annual Revenue: | $430,270 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $141,578 | |
Total Debt: | Not Disclosed | |
FF&E: | $60,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 4 | |
BBN Listing #: | 58364075 | |
Broker Reference #: | 152089-925189 |
Business Overview:
Here's a perfect opportunity for a cigar enthusiast looking to own their own luxury business -- a profitable retail cigar company and lounge with an upscale, yet welcoming atmosphere. Well established and highly regarded with a loyal customer base, this cigar store is located in the heart of an award-winning town close to a major metro area. This opportunity provides rare industry connections for sourcing the best products along with a pleasant work-life balance.
This business offers a wide range of premium cigars, including popular brands and hard-to-find selections, ensuring a diverse selection to satisfy every customer's taste. The founder has decades of experience in the industry and has created access to a better variety of cigars than most stores are able to offer. Best of all is the profitable operation model. Memberships and lockers provide recurring income and loyalty.
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Property Features and Assets:
Monthly Rent: $1,200.00 Square Units (Foot, Meter): 1,000 Lease Expiration Date: September 11, 2029, 10:00:00 PM Terms Options: 1 year extension option FF&E Overview: Temperature-controlled display cases, lounge furniture, customer lockers FF&E General Condition: Excellent
Reason for Selling:
Moving
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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