Hookah Lounge/Cocktail Bar In High Traffic Location

Queens, NY
listing image
Asking Price:$1,200,000
Gross Revenue:$1,200,000
Cash Flow:$350,000
Rent:$5,000/Month
BUSINESS DESCRIPTION

HS Listing ID-61504

Business comes with a liquor license.

9 employees.

Only open after 5pm, Huge value add to increase hours.

Rent is 5,000 per month.

Owner built this from the ground up.

The build out cost was over $400k

Sales in 2023 were $900k.

On track to do $1.2M by end of 2024.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION


DETAILED INFORMATION
Location
Queens, NY
Inventory
Not Included in asking price
Real Estate
Leased
Support & Training
Yes.
Reason for Selling
Other business interests.
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Sam Kapoor
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Sam Kapoor