Seller's Contact Information

  • RE:  Hookah Lounge
  • Contact:  Armen Nazarian
Owner Financing is Available!
$275,000 with $125,000 down, 8% int., amortized over 84 months

Quick Facts

Asking Price: $275,000
Annual Revenue: $336,104
Net Profit: Not Disclosed
Cash Flow: $84,488
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 5
BBN Listing #: 509752001
Broker Reference #: 0491

Email or Print Listing

Business Overview:

This is a great opportunity to own a well established and popular Hookah Lounge in a downtown location of Kent County. Established since 2013, this spacious and well decorated, comfortable seating arrangement lounge has a loyal and repeating customer base. The lounge offers a unique club and relaxing atmosphere where customers can enjoy a large variety of flavored hookahs, snacks and drinks while socializing with friends or simply unwinding after a long day. All furniture, fixtures and equipment are in excellent conditioned and maintained regularly. Current owner does not advertise…a new owner/operator with some creative advertising/marketing along with opening earlier in the day, expand on the selection of flavored hookahs, live entertainment & DJ, offering a retail counter, having a strong social media presence and offering private party events, you have HUGE potential to the already solid sales. This Hookah lounge is turn-key and will not disappoint. Seller will train and entertain all reasonable offers. A must see/must have business that will not last long! Call Armen Nazarian at 248-231-7714 or visit www.armennazarian.com.

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Property Features and Assets:

This is a great opportunity to own a well established and popular Hookah Lounge in a downtown location of Kent County. Established since 2013, this spacious and well decorated, comfortable seating arrangement lounge has a loyal and repeating customer base. The lounge offers a unique club and relaxing atmosphere where customers can enjoy a large variety of flavored hookahs and drinks while socializing with friends or simply unwinding after a long day.

Market Competition and Expansion:

Current owner does not advertise…a new owner/operator with some creative advertising/marketing along with opening earlier in the day, expand on the selection of flavored hookahs, live entertainment & DJ, offering a retail counter, having a strong social media presence and offering private party events, you have HUGE potential to the already solid sales.

Reason for Selling:

Other Business Interest

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

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$ Owner Financing Available

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