Profitable Turnkey Hookah Lounge, Smoke Shop, & Restaurant For Sale!

, Texas 11 views 0 favorites

Financial Highlights
Asking Price
$180,000
Revenue
$200,000
Business Description

One-of-a-kind Hookah Lounge & Catering business for sale, with a VERY Lucrative CAP Rate. Operating for 6 Years STRONG! Even with Pandemic issues, this is a failsafe establishment! Space is leased, pricing of monthly lease discussed in person with serious buyers only. 4,000 SQFT with unique rooms: Billiards & Games Room, Traditional Room, Blackhole Room, Study Room, Factory Room, & Main Area. Fully equipped Kitchen (30k+ invested) & Smoke Shop (with an abundance of inventory 40k+) for quick easy sales. Over 1000+ Repeat Customers & Average Ticket Size (Net sales divided by the total number of paid orders) of $50. 8 Televisions Hardwired & set up for several channels patrons can enjoy & view with no cable connection needed. 14 out of 16 cameras are wired (indoor & outdoor) & ran to an up-to-date 4 TB Samsung DVR system with a dedicated monitor. 4 TVs have the option to view these cameras in real-time as well. (2 extra cameras & wires included to place anywhere future owner pleases) 9 Ft Fine Quarts professionally leveled Billiards table, with all accessories included, complimented with a Rich Dark Oak Wooden surrounding wall & set up for residual income. All Furnishing & Goodwill (80K+ in inventory) included. Jukebox with full Wireless Sonos Surround sound also hardwired to TVs set up that pays out easy cash. 3 fridges & 4 Freezers (1 Deep Freezer), Fully Stocked. All lights & fixtures operating. Brand NEW storefront sign put in January 2022 with 284 Lumens Color Changing Cree LEDs. 40 Full Sized Hookahs are ready for catering purposes for any event including Weddings, Birthday Parties, Beer Garden Pop Up Shindig, etc. In a load & go set-up. (These hookahs are separate from the 30 that are for lounge use). 15 Various brands of Hookah Tobacco with over 100+ flavors for patrons liking opened & ready for use. Outdoor seating is expandable in front, but currently has 4 tables & 8 chairs. Occupancy is 215. All Permits & licenses are up to date. *****PLEASE NOTE***** Occupancy Permit is ONE of a KIND, Grandfathered documentation that grants the ability to smoke indoors in an establishment that of which can no longer be obtained for new businesses in the Copperfield region due to new smoking ordinances in place. Permenantly eliminating any possible future competition! All permits within the establishment's county are backed up for approval with over 18+ months waits, that's saying Fire Marshal & other regulators don't require revisions of any plans (It is very unlikely to get approved with the first submission). ****************** No water bill, the landlord has that included in the set flat rate of the lease. Buyer monthly recurring expenses are as followed: -Lease Payment -Comcast Internet & Phone Line -Alarm.com Security -Electricity -Waste Management -Website Domain Through GoDaddy ****** Please Download, Sign, & Email BNDA Prior To Any Inquiries Regarding This Listing, Please & Thank You ****** Location: Houston, Texas Year Established: 2015 Number of Employees: 5 Franchise: Yes Facilities: Goodwill Market Outlook/ Competition: Prime location At the busiest intersection of all of Houston, TX. 290 & Hwy 6. Any other establishments offering hookah in the area charge cover to get in & are very "club" like. This is the ONLY PURE Hookah LOUNGE in the area. Growth & Expansion: The buyer will need to find additional employees.

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

Listed: Apr 14, 2022

Updated: 4 days ago

Views: 11

Favorites: 0