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Lounge

Kings County, New York

Asking Price: Gross: Cash Flow:
$250,000 $250,000 $110,000

Furniture and Fixtures Value:
$60,000 ( not included in the asking price)

Inventory Value:
$3,000 ( not included in the asking price)

Business Summary:
LISTING ID # 32962This Lounge is a smoking hot opportunity. Great prime location, right in the heart of one of the busiest parts of Brooklyn. Very popular among the community, this establishment is fully equipped with over 70 hookahs and is well ventilated. There are several TVs and has a great Mediterranean vibe.. A full sized kitchen offers a wide array of finger foods which compliments the wide variety of tobacco selections. With seating for over 100 patrons, the space is almost 3000 square feet. There is a large basement which is used for storage, an office and ice machine. Rent is very affordable at $5500 per month, and there are 10 years left on the lease. A new owner can apply for a liquor license to add more revenue, and perhaps open at noon to cater to a hungry lunch crowd. Owner is willing to train and make the transition smooth, or he is willing to enter into a partnership and stay on board with a qualified buyer. Please be very discrete when visiting the lounge as the employees and patrons are unaware of the sale intention. Kindly call the broker at 877-735-5224 to set up an appointment to speak with the owner.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-32962 for instant access to this business information.

 
   
   
Year Business was Established: 2012
   
Number of Employees: 1 FT/3 PT  
   
Owner willing to finance: Yes  
   
Owner willing to train: Seller will train  
   
Reason for selling: Seller is moving  
 

 

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