Profitable, Established, Turn-Key Hookah Lounge

San Bernardino County, CA

Seller Financing Available
Profitable, Established, Turn-Key Hookah Lounge

Asking Price:$250,000

Cash Flow:$150,000

Gross Revenue:$242,000

EBITDA:N/A

FF&E:$10,000

Inventory:$7,000

Rate/Sq. Ft.:N/A

Established:2011

Profitable, Established, Turn-Key Hookah Lounge

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Business Description

Offering a profitable 5 year old Hookah Lounge in an upscale Inland Empire city. The business has a loyal customer base and has a 4-5 star rating on Yelp. This is a great place for people to come, relax and hang out with friends and experience one of their popular “house mixes”. The Conditional Use Permit allows the business to be open until 2 AM and is the only indoor smoking establishment permitted in this city.

This is a perfect opportunity for an entrepreneur to own a fun and profitable business. Those interested may respond to this listing or call Betty Villani, Broker, at 909-980-6040.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
2,000
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Strip mall, 2,000 SF, $2,200 per month. Located on major boulevard.
Competition:
Minimal competition in the area.
Growth & Expansion:
Could be expanded by adding a patio, adding beer and wine or additional products and services. New owner would apply for permit through the city.
Financing:
Owner will consider small secured note for well qualified buyer.
Support & Training:
Negotiable. Offering 1 week of training, 30 days of support
Reason for Selling:
Owners have different goals and wish to pursue other opportunities.

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Betty K. Villani

Business Listed By:
Betty K. Villani

Business Venture Group, Inc.

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