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Asking Price: $250,000

Established Cigar Bar and Lounge -Turnkey Opportunity

Not Disclosed, Not Disclosed
Not disclosed

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, this 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.This is a confidential listing with We Sell Restaurants. Business name and address will be disclosed only to qualified buyers who complete a Non-Disclosure Agreement (NDA).By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

Cash Flow Not Disclosed
Revenue $802,000

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