Seller's Contact Information
- RE: EXCLUSIVE CIGAR LOUNGE & MEMBERSHIP CLUB
- Contact: Joseph Tarricone
Business Overview:
Established in 2017, this exclusive private cigar club and lounge caters to individuals over the age of 21 who appreciate the world’s finest cigars and the camaraderie of like-minded enthusiasts. Offering two membership models— individual humidor memberships and corporate memberships for up to four individuals—the club also provides guest passes for non-members. Spanning 2,200 sq. ft., the facility boasts a luxurious Grand Lounge with plush leather seating, a glass-enclosed walk-in Humidor Vault, and a private suite ideal for business meetings and private events. The suite can host 10-60 attendees for meetings and 50-100 for receptions. The business maintains a strong online presence through a developed website, Facebook, and Yelp, positioning it as a refined destination for cigar aficionados.
Property Features and Assets:
2,200 sq. ft. Facility boasting luxurious Grand Lounge with plush leather seating, a glass-enclosed walk in humidor Vault and a private suite.
Market Competition and Expansion:
The private club industry is expected to reach $25.8 billion by 2027, with an annual growth rate of 11.2%. In addition, the number of cigar lounges in the US increased 2.9% from 2022 to 2023, reaching a total of 3,016.
Reason for Selling:
New Business Ventures. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- 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:
Opportunity Update!
Exciting update: EXCLUSIVE CIGAR LOUNGE & MEMBERSHIP CLUB has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!
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