Bar and Hookah Lounge

Not Disclosed, FL
Broward County


Asking Price: Annual Revenue:
$175,000 $201,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Bar and Hookah Lounge Broker: Joseph Hamza

Quick Facts

Asking Price: $175,000
Annual Revenue: $201,000
Net Profit: Not Disclosed
Cash Flow: $46,605
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 3
BBN Listing #: 2474630
Broker Reference #: 2201468337

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Business Overview:

RETIREMENT Seller says ! 12-year Cigar and Hookah Lounge Beer & Wine. Well Established, Great Long Time Loyal Customers. Pretty Bartenders serving the Finest Domestic & Imported Beer & Wines. Huge Cigar Room temperature regulated with a Fine selection. Super Location, Heavy High traffic St. NOW is the time to Join in and continue this Landmark! BACK OPENED 7 DAYS A WEEK & Customers have returned! INCLUDED IN SALE APPROX. 55,000 LOAN FROM BANK WITH NO PAYMENT FOR 12 MONTHS THEN A 30 YEAR AT 3% PAYMENT APPROX $100 MONTHLY ! Please refer to listing 2201468337 business broker Joseph Hamza when you inquire about this listing.

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Property Features and Assets:

Lease/Month: $3,379; Square Footage: 1,200; Building Type: commercial; Terms & Options: one five year; Expiration Date: 12/31/2024.

Market Competition and Expansion:

Non Compete : Miles: 20 Years: 5

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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