File Number-#0609 | Location-Downtown Kent County, MI. | Gross Sales-$336,104 | Cash Flow-$84,488 | Business Price-$99,000 | Down Payment-$50,000 | Monthly Payment-$993.54 | Interest Rate/Amortization-8% int., amortized over 60 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-Seller is relocating
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 advertise…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!