Seller's Contact Information
- RE: Price Reduced - 'Blue Lounge' Hookah Cafe
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
| Asking Price: | $160,000 | |
| Annual Revenue: | $180,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2019 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 420911533 | |
| Broker Reference #: | 4481 |
Business Overview:
Price Reduced - 'Blue Lounge' Hookah Cafe located between West Hollywood and Glendale - LA
RRC# 4481
Location: 1551 N Vermont Ave, Los Angeles
Description:
The price has been reduced for the 'Blue Lounge' which is an excellent example of a quality Hookah Lounge located between West Hollywood and Glendale, just off Sunset Blvd. Evenings only operation and no alcohol, just soft drinks and Hookah. A relaxed 1,800 sq ft party atmosphere indoors with a fabulous 1,850 sq ft outdoor patio. A simple operation and extremely popular. This is a Cash Only business with minimal employees.
View the photos to see this quality business and contact Restaurant Realty to arrange a site visit and meet the owner. Full training support from the owner.
If you wish to receive more information and discuss this opportunity with the broker please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
For more information please visit:
Financial Information:
Monthly Revenue: $15,000
Monthly Cash Flow: Contact for Info
Annual Revenue: $180,000
Annual Cash Flow: Contact for Info
Annual Payroll: Contact for Info
General Info:
Ownership: Inc
Established: 2019
Current Owner: 2019
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: $3,400
Expiration: 2024 plus 5 year option
Facilities:
Square Feet: 1,850 Indoors 1,800 Outdoor Patio
Seating: 60 Indoors and 45 Patio
Parking: Parking Structure and Street
Licenses: Health and Business
Days/Hours of Operation: Sunday - Thursday 6pm-12am / Saturday and Sunday 6pm - 2am.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Square Feet: 1,850 Indoors 1,800 Outdoor Patio; Seating: 60 Indoors and 45 Patio; Parking: Parking Structure and Street.
Reason for Selling:
Other Interests.
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
Documents:
Relevant Links:
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