LAS VEGAS, Nevada
| Asking Price |
$199,999 |
Year Established |
2024 |
|
| Annual Revenue |
$0 |
Reason for Selling |
Busy with other businesses, takes too much time. |
|
| Annual P/L |
$0 |
Attention |
Carmelita Smith |
|
| Annual Cash Flow |
$0 |
Listing Number |
1009440 |
|
| # of Employees |
5 |
Business Category |
Recreation: Entertainment |
|
Business Overview:
This is a rare opportunity to acquire a highly rated hookah lounge with an outstanding 4.9-star reputation, built on exceptional customer experience, ambiance, and consistent repeat clientele. This business stands out as a go-to destination for nightlife and social gatherings in the area. Strategically located in a high-traffic shopping center, the business benefits from strong visibility, steady foot traffic, and a favorable lease that includes exclusivity—no other bar or lounge is permitted within the center, giving the new owner a significant competitive advantage. The space is fully built out with an inviting, modern atmosphere designed for both relaxation and social engagement. The business currently offers both hookah and food service, creating multiple revenue streams and enhancing the overall customer experience. In addition, the lounge generates additional income by hosting private parties and special events, making it a popular venue for birthdays, celebrations, and group gatherings—an area with strong continued growth potential. NDA and POF required.
Property Features and Assets:
<p>This is a leased location of 1,558 square feet with a Total monthly rent of $4,677. Lease ends 06/2029 with one (1), five (5) year option. Seller is active with 2 FT and 3 PT employees. Hours of operation are 5 P.M. - 12 A.M., Monday - Thursday; 5 P.M. - 2 A.M., Friday & Saturday; and 5 P.M. - 1 A.M., Sunday. $7,000 in inventory and $75,000 in FF&E included in the asking price. $238,000 made in leasehold improvements. No special license required.<br></p>
Market Competition and Expansion:
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