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Established Luxury Cigar Lounge With Full Liquor License! For Sale

Las Vegas, Nevada, US
Asking Price:
$99,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$368,000
Cash Flow:
$62,114

Imagine owning a sophisticated retreat where discerning patrons unwind with premium cigars and expertly crafted cocktails. This is your chance to acquire a highly successful cigar lounge, strategically positioned in a high-traffic Las Vegas corridor with outstanding road frontage. This established business boasts a full liquor license and a fully equipped bar, offering an unparalleled experience to its steady and loyal clientele. The meticulously maintained premium humidor is a centerpiece, drawing aficionados from all over. Enjoy immediate income and a strong foundation for growth. This is more than a business; it's a lifestyle investment. Perfect for an owner-operator or an absentee investor seeking a high-return venture in a prime location. Confidentiality agreement required for detailed financial information.

Property Information

Real Estate:

Lease

Lease Terms:

This is a leased location of 4,734 square feet with a Total monthly rent of $7,551. Lease ends 02/2034 with One (1), Five (5) year option.

Leasehold Rent:

$90,612 per annum

Premises Details:

This is a leased location of 4,734 square feet with a Total monthly rent of $7,551. Lease ends 02/2034 with One (1), Five (5) year option. Seller is active with 8 Contract staff. Hours of operation are 5pm - 11pm, Mon - Thurs & 5pm - 12pm, Sat – Sun. $9,000 in inventory and $70,000 in FF&E included in the asking price. Liquor & Tobacco retail licenses required.

Business Operation

Reasons for selling:

Other business interests

Trading hours:

Hours of operation are 5pm - 11pm, Mon - Thurs & 5pm - 12pm, Sat – Sun.

Employees:
8 Contract
Years established:
1

Other Information

Support & training:

Two (2) weeks

Furniture / Fixtures value:
$70,000 - included in the asking price
Inventory / Stock value:
$9,000 - included in the asking price