Hookah Lounge & Bar

Smithfield, RI (Providence County) (Relocatable)

Seller Financing Available
Hookah Lounge & Bar
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Asking Price: $340,000

Cash Flow: N/A

Gross Revenue: $347,963

EBITDA: N/A

FF&E: $30,000

Inventory: $8,000

Rent: $3,742 /Month

Established: 2017

Hookah Lounge & Bar

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Business Description

Imagine working until 1:00 a.m. and loving every minute of it. This is an opportunity for you to own an established contemporary upscale hookah lounge and bar that is nestled in a highly visible location. The business is profitable with its loyal customer base and consistently positive reviews -- offering a vast array of premium tobacco flavors, a refined cocktail menu, bottle service and a sumptuous food menu -- not to mention that they’re the only hookah lounge in the community. Its location and large capacity make the business an ideal space for large parties and events in an intimate setting. This means that the business is established within its area and could thus generate steady revenue.

An ideal buyer must be knowledgeable in sales, marketing and business management. The operations are streamlined and run by a highly skilled and experienced workforce. Long-term training will be provided to ensure a smooth business transition.

This is an established business. This is neither a new franchise nor a start-up opportunity.

***Please look for an email titled "Morgan & Westfield –“Hookah Lounge & Bar” after contacting us. You can access more information on this business after e-signing our Confidentiality Agreement. ***

Detailed Information

Location:
Smithfield, RI
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
10 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Yes, available for qualified buyers
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Arthur Williams

Business Listed By:
Morgan & Westfield

Morgan & Westfield

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