Furnished Turn Key Cigar Shop and Lounge

, Arizona 11 views 0 favorites

Financial Highlights
Asking Price
$250,000
Business Description

If you are looking for a turn-key operation with all the perfect furniture, fixtures, and equipment to set up a high-end cigar lounge then look no further. Situated in a busy shopping center, this beautiful smoke cigar lounge has the perfect amount of space with 2465 sq. ft. and a lease of only $7200.00 per month in Scottsdale! The shop has a cigar humidifier room with around $40,000 worth of inventory which can be purchased separately if a buyer chooses. The seller is also offering seller financing terms. The cigar lounge business is very highly sought after right now and with the price and NET and inventory and seller financing terms offered this will go quick! An NDA must be signed before visiting the business. FAQ's 1 How long is the lease? Lease ends 10/2022 with 2/5yr renewals. 2 Is the Lease renewable and for how long? Yes 2/5yr renewals 3 When can I see the financials? P&L, Taxes, and are there any judgments against the company or property owner? Can I see the past 3 yrs? Certified? There aren't any financials. It's selling as a turnkey. There aren't any judgments against the property or the owner. 4 Ventilation? Are there provisions for upgrades? There are lounge 2-5ton A/C ventilation and for retail are 1-2.5 ton A/C ventilation top of line units that clean the air 4 times a minute 5 Is there a possibility for lounge expansion? No, not until tenants on either side move out. Location: Scottsdale, Arizona Real Estate: Leased Building Sq. Ft.: 2,465 Rent: $7,300.00 Per Month Lease Expiration: 10/1/2022

Business Details
Industry:
Beauty & Personal Care
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 20, 2022

Updated: 9 hours ago

Views: 11

Favorites: 0