Hookah Lounge

Kent County, MI
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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!


DETAILED INFORMATION
Location
Kent County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,350
Employees
5
Facilities
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.
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
Owner is Relocating
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