Hookah Lounge

Reference Code 0609

This is a great opportunity to own a well established and popular Hookah Lounge in a downtown location of Kent County. Established since 2013, this spacious and well decorated, comfortable seating arrangement lounge has a loyal and repeating customer base. The lounge offers a unique club and relaxing atmosphere where customers can enjoy a large variety of flavored hookahs, snacks and drinks while socializing with friends or simply unwinding after a long day. All furniture, fixtures and equipment are in excellent conditioned and maintained regularly. Current owner does not advertiseā€¦a new owner/operator with some creative advertising/marketing along with opening earlier in the day, expand on the selection of flavored hookahs, live entertainment & DJ, offering a retail counter, having a strong social media presence and offering private party events, you have HUGE potential to the already solid sales. This Hookah lounge is turn-key and will not disappoint. Seller will train and entertain all reasonable offers. A must see/must have business that will not last long!

Business Location Kent County, MI
Gross Sales $336,104 Cash Flow $84,488 Business Price $149,000 Down Payment $65,000 Monthly Payment $1,309.24 Interest Rate / Amortization 8% int., amortized over 84 months, balloon due in 36 months License Required Sales, Hookah Inventory Value $10,000 Employees Full Time 3 Employees Part Time 2 Date Established 2013 Hours of Operation 7 Days / 5pm-2am Rent $4,900 NNN Lease Period New Lease Required Reason for Sale Owner is Relocating


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