Atlanta GA Southside Cigar Lounge & Hookah Bar for Sale – Low Rent – Profitable – Easy to Run – Absentee Owner – $95,000
Atlanta GA Southside Cigar Lounge & Hookah Bar for Sale – Low Rent – Profitable – Easy to Run – Absentee Owner – $95,000
Price: $95,000
Location: Fulton
Industry: Bars, Pubs and Taverns, Miscellaneous Restaurant and Bars
Listing ID: 6225
Atlanta GA Cigar Lounge & Hookah Bar for Sale – Low Rent – Profitable – Easy to Run – Absentee Owner – New Pricing
Low Rent.
High Profit.
Easy to Run.
Absentee Owner.
1,100/SF.
Seating for 44.
2-bars seat 6 and 10.
Full liquor, wine and beer license.
10-TV’s.
State of the Art Sound System.
Fully staffed.
Well established.
Monthly rent at $1,890 ALL-In.
4-years left on lease.
Option to Renew to be added.
2023 Gross Sales $196,000.
2023 Net Profit $95,000 approximately.
2024 numbers are higher than 2023.
Absentee Owner takes home 50% of sales.
Approximately 35-Hookah Pipes.
Large Humidor.
Gross Revenue: $196,000
Cash flow: $95,000
Reason For Sale:
Absentee owner.
Training & Support:
Ask broker
Days & Hours of Operation: Ask broker
Owner Hours Per Week: Ask broker
Non-Owner Payroll: Ask broker
Employees: Ask broker
Managers: Ask broker
Monthly Rent: 1890
Square Footage: 1100
Facilities Information:
1,100/SF.
Seating for 44.
2-bars seat 6 and 10.
Full liquor, wine and beer license.
10-TV’s.
State of the Art Sound System.
Fully staffed.
Well established.
Monthly rent at $1,890 ALL-In.
4-years left on lease.
Option to Renew to be added.
Competition:
Ask broker
Potential Growth:
Ask broker