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- RE: $275,000 NET High-End Scottsdale Cigar Bar W/ #6
- Contact: Mike Darmo
Quick Facts
| Asking Price: | $1,500,000 | |
| Annual Revenue: | $1,000,000 | |
| Net Profit: | $275,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $250,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1003923 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
If you have been in the market for a rare to find cigar bar in the heart of Scottsdale with fine appointments and a large cigar humidifier room and a full bar with a #6 license then look no further. This perfectly located cigar bar features a great lease 2700 sq.ft. inside location with an additional 1500 sq.ft. patio at a lease rate of only $11,450 in Scottsdale with 10 years remaining. The business also boasts top notch furniture, fixtures and equipment included in the price as well as a #6 license which is marketed for over $200,000 included in the price. The business also features $150,000 worth of top-notch hand-selected inventory at cost not included in price. The current ownership are semi-absentee and are offering great seller financing terms for the new owners. The Seller Financing Terms offered are $1,000,000 down and $500,000 for 3 years at 8%. Cigar Bars are very rare to show up on the market and this one, especially in the location and with the Seller financing terms offered will go quick.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
2700 sq.ft. inside location with an additional 1500 sq.ft. patio
Market Competition and Expansion:
Tons of room for growth with more time and more ownership involvement, also there are major developments opening up near by the location within the next 12 months or so.
Reason for Selling:
Kindly ask the seller for more information.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
Relevant Links:
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