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Popular Hookah Lounge In Busy Center W/rare 4amlic For Sale

Broward County, Florida, US
Asking Price:
$149,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$313,186
Cash Flow:
$82,543

Popular 15-year-old Hookah Bar and restaurant with 2 COP licenses and a rarely available 4 am license in a busy nightlife-filled shopping center in West Broward near a college campus.

The lounge has been at this location for 9 years and has a loyal following in the short hours that are open.7 pm-2 am Sun-Thursday and 7 pm-4 am on Friday and Saturday. Seller will give the buyer credit to install a hood in the kitchen and expand the food sales which has lots of potential; currently, only 10–15% of the sales are food.

Lots of traffic in the center for nightlife surrounding the lounge so with marketing, this could be a really great growth opportunity for the right person. Partnership split forces sales but one of the partners is open to helping transition new owners for a few months and pass on ideas in place to blow up the business. This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world.

With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower-middle-market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 5608.45 Square Footage: 2000 Building Type: strip center
Terms & Options: available Expiration Date: 8/1/2026

Business Operation

Competition / Market:

Non Compete : Miles: 150 Years: 3

Reasons for selling:

Partnership dissolution

Trading hours:

Operating dys/hrs : sun-thursday 7pm-2am fri-sat 7pm-4am

Employees:
4
Years established:
15

Other Information

Support & training:

Weeks Training: 4 Cost: $0

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Loan/Seller - Amt: $74,000 Mos: 48 Rate: 6.00 Mo Pmt: $1737.89

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$2,000 - included in the asking price