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Absentee-Owned Cigar Lounge Business-only in Warner Robins, GA! No COAM Contract!

Warner Robins, Georgia

Asking Price: Gross: Cash Flow:
$199,000 $288,000 $98,568

Furniture and Fixtures Value:
$0 ( not included in the asking price)

Inventory Value:
$40,000 ( not included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
100% Absentee-owned Cigar Lounge in Warner Robins, GA!No COAM Contract!Sales are currently $24,000 per month! Sales are increasing over the past year!Net profit is over $8,200 per month AFTER paying $3,200 in Payroll, and rent as well as all other expenses!Extremely low rent! Rent is only $2,000 plus CAM! Lease has close to 5 years remaining!Newly installed gaming machines! Game machine commission is $2,000 per month one-side!48 Cigar lockers available! Cigar lockers generate $600 per month! Seller charges $35 per month for small lockers and $60 per month for big lockers! 19 lockers are currently being rented out at $665 rental income per month!Lounge includes 5 TVs!Georgia Bourbon Society visits the Lounge every Thursday with 30 customers!Business is only open 70 hours per week! Hours of operation are 11am-9pm Mon thru Wed; 11am-10pm Thurs thru Sat; and 12pm-7pm Sundays! Be your own boss and live a life of leisure running this business absentee!Seller is a fix-and-flipper operator and wants to move on to the next business. Seller is willing to sign a noncompete.Population is increasing year-to-year!30 minutes from Macon, GA! 1 hour 30 minutes from Atlanta, GA!Near Dalefort University and Fort Valley State University with over 2,100 students! Near to apartment complexes like Galleria Park Apartments, Bradford Place Apartment Homes, Pointe Grand, Bedford Parke Apartments, Robins Landing, and Shadowood Apartment Homes.Close proximity to a 288-unit multifamily development! 4 miles from a new development of 317 homes.Extremely high traffic count of 27,400 vehicles passing by the store each day!Asking Price for Business Only: $199,000 plus inventory! Inventory is guesstimated at $40,000 at cost.If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to [email protected]

 
   
   
Reason for selling: Seller is a fix-and-flipper operator and wants to move on to the next business.  
 

 

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