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Bar For Sale
Location: United States -> North Carolina -> Guilford County
Industry: Bars and Nightclubs > Bars and Pubs




Business Summary

Growing hookah lounge business for sale - this beautifully decorated multi-roomed refuge offers a great eclectic mix and a perfect place to relax, chill out, meet friends after work, and have a great time. Open just over a year, this bar has gained the reputation to be a fun, carefree, low stress location with great music, belly dancing on weekends and facilities for private parties. Cigar bar license but no abc permit, which could mean much more business. Located in a great location on a busy road near a large university with a huge parking lot and discreet entrance. Very clean and tastefully decorated. Rental of hookahs and sale of flavored tobaccos, drinks, expresso, teas and snacks. Free wifi. Great upside potential with this excellent large space in a prime location and the emerging popularity of ''hookahing''. Owner has other business interests and wants to move on. Contact for more information on this bar for sale.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $155,000
Cash Flow:   $60,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $37,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2010
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  2 weeks at no cost.
Reason For Selling:  Other business interests.




Print Listing Id: 700150135
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

Also See: Franchise Opportunities > Franchise Resales > North Carolina Businesses For Sale > North Carolina Franchises For Sale > North Carolina Business Brokers



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