Established Cigar Bar And Lounge -Turnkey Opportunity

Business Overview:

An opportunity to acquire a well-established cigar lounge and bar for sale located in the Kent County / West Bay area of Rhode Island. This business has operated successfully for over a decade, maintaining a loyal customer base and a strong reputation as one of the region's most recognized destinations for cigar enthusiasts. Featuring a full liquor license, an updated exhaust and air purification system, and a curated selection of premium cigars, the lounge provides a refined and comfortable environment for both members and casual guests. A new owner will step into a turnkey operation with consistent sales, a well-trained staff, and a solid foundation for continued success.
This bar for sale consists of approximately 3,000 square feet and provides seating for 49 guests. Rent is $3,400 per month, including water and sewer, with a new lease to be negotiated for long-term stability. Annual sales are reported at $802,000, and an owner-operator can make over $125,000 per year. The layout includes a large, centrally positioned bar that serves as the main gathering area for guests and members alike. The atmosphere is social and inviting, offering a community-style setting that caters to a mix of regular patrons, professionals, and visitors who appreciate a relaxed yet upscale experience.
In addition to its retail and bar operations, Havana Cigar Lounge generates revenue through wholesale cigar sales to other lounges and retailers. The business also features an established membership program with just shy of 100 members who enjoy exclusive privileges and a personalized experience. Regular events, card nights, and group activities contribute to a strong sense of camaraderie and community within the membership base.
Future growth opportunities are abundant. A new owner could expand the membership program, enhance the beverage menu with high-end pairings, introduce ticketed tasting events, or develop branded merchandise. Increasing marketing and social media presence would also attract new clientele and strengthen the lounge's regional reach. The seller will provide 14 days of training to ensure a smooth transition and operational continuity.
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Property Features and Assets:

72 Locker System
Poker Table
32 Leather Captains Chairs
12 Stack Chairs
17 End Tables
Side Table
Microwave
Coffee Table
Trash Receptacles
5x Flat screen tv
Wooden Table
Bookshelf/ Magazine Rack
Coffee Table
14 Bar Stools
Assorted Artwork
Humidor
4 drawer wooden cabinet
2 door wooden cabinet
Glass Merchandiser display case
PC america POS System
Glass 3 Door worktop beer cooler
3 bay sink
under cabinet wine cooler
Ice Well
Work Top 3 Tap Keg Unit

Market Competition and Expansion:

Havana Cigar Lounge operates in a niche segment of Rhode Island?s hospitality market with limited direct competition. Its focus on quality cigars, a full-service bar, and a strong membership base sets it apart from traditional bars and retail shops. The lounge benefits from a loyal clientele, steady regional traffic, and an established reputation as one of the area?s premier cigar destinations. While the market remains favorable, continued marketing and social media outreach could further strengthen brand awareness as national cigar retailers expand their presence.

Reason for Selling:

Other. Kindly ask the seller for more information.

Additional Details:

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