Hookah Lounge

Not Disclosed, MI Kent County

Asking Price: $149,000

Annual Revenue: $336,104

Recreation: Non-classifiable

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RE: Hookah Lounge
Contact: Armen Nazarian

Owner Financing is Available!

$149,000 with $65,000 down. 8% int., amortized over 84 months, balloon due in 36 months

Quick Facts

	Asking Price:	$149,000
	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:	11
	Employees:	5
	BBN Listing #:	945401
	Broker Reference #:	609

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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! Contact Armen Nazarian Business Brokers using reply to this ad button.

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Property Features and Assets:

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.

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:

Owner is Relocating

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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