Hookah Lounge

Kent County, MI

Seller Financing Available

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Asking Price:$99,000
Gross Revenue:$336,104
Rent:$4,900/Month
Cash Flow:$84,488
Inventory:$10,000
Established Year:2013
BUSINESS DESCRIPTION

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 Business Brokers


DETAILED INFORMATION
Location
Kent County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,350
Employees
5
Facilities
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.
Growth & 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.
Financing
$99,000 with $50,000 down. 8% int., amortized over 60 months
Support & Training
Seller will Train
Reason for Selling
Relocating
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Armen Nazarian