Hookah Lounge For Sale in Kings County, NY

Kings County, NY

Seller Financing Available
Hookah Lounge For Sale in Kings County, NY
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Asking Price: $250,000

Cash Flow: $110,000

Gross Revenue: $250,000

EBITDA: N/A

FF&E: $60,000

Inventory: $3,000*

Established: 1911

*not included in asking price.

Hookah Lounge For Sale in Kings County, NY

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Business Description

Hookah Lounge For Sale

This Hookah lounge is a smoking hot opportunity. Great prime location, right in the heart of one of the busiest parts of brooklyn. Very popular amongst the community, this establishment is fully equipped with over 70 hookas and is well ventilated. There are several Tv's and has a great Mediterranen vibe.. A full sized kitchen offers a wide array of finger foods which compliments the wide varitey of tobacco selections. With seating for over 100 patrons, the space is alomst 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. Please be very discrete when visiting the lounge as the employees and patrons are unaware of the sale intention. Kindly call Ross Lombardo 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 listingmanager@vestedbb.com 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.

Detailed Information

Location:
Kings County, NY
Inventory:
Not included in asking price
Employees:
1FT/3PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
175,000.00 Down & 75,000 at 7% For 36 Months
Support & Training:
Yes
Reason for Selling:
Moving
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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