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This is a newly renovated and extremely well designed restaurant and hookah lounge. Seller spent over $200,000 in furniture, fixtures, equipment, build-out and design but is moving to Africa to work in the family business and needs to sell asap. Owner will train for a smooth transition. Support & Training: 14 days unpaid training included in sale. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978).
This is a leased location of 3,600 square feet with a Total Rent of $7,680.00. Lease ends 01/2025 with a 1/5 year lease options. Seller is active in the business with 9 FT employee(s), 0 PT employee(s) and 0 Independent Contractor(s). Hours of operation are 12PM to 3AM Mon-Sun. $13,000.00 in Inventory and $80,000.00 in FF&E included in Asking Price. $70,000.00 made in Leasehold Improvements. Special License Required Hookah, Beer/Wine, Liquor and Entertainment.
Seller is moving out of the country
14 calendar days
Seller agrees to accept $100,000.00 cash down payment and the balance of the Purchase Price on a note for a period of 24 months at 6% interest per annum, secured by the assets of the Business.
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