Absentee-Owned Cigar Lounge In Warner Robins, GA!
Warner Robins, GA Houston County
Warner Robins, GA
Request More Information Contact the Seller
- RE: Absentee-Owned Cigar Lounge In Warner Robins, GA!
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $169,000 | |
| Annual Revenue: | $288,000 | |
| Net Profit: | $98,568 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2006 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 948527 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
100% Absentee-owned Cigar Lounge in Warner Robins, GA!
No COAM Contract!
Sales are currently $24,000 per month! Sales are increasing over the past year!
Net profit is over $8,200 per month AFTER paying $3,200 in Payroll, and rent as well as all other expenses!
Extremely low rent! Rent is only $2,000 plus CAM! Lease has close to 5 years remaining!
Newly installed gaming machines! Game machine commission is $2,000 per month one-side!
48 Cigar lockers available! Cigar lockers generate $600 per month! Seller charges $35 per month for small lockers and $60 per month for big lockers! 19 lockers are currently being rented out at $665 rental income per month!
Lounge includes 5 TVs!
Georgia Bourbon Society visits the Lounge every Thursday with 30 customers!
Business is only open 70 hours per week! Hours of operation are 11am-9pm Mon thru Wed; 11am-10pm Thurs thru Sat; and 12pm-7pm Sundays! Be your own boss and live a life of leisure running this business absentee!
Seller is a fix-and-flipper operator and wants to move on to the next business. Seller is willing to sign a noncompete.
Population is increasing year-to-year!
30 minutes from Macon, GA! 1 hour 30 minutes from Atlanta, GA!
Near Dalefort University and Fort Valley State University with over 2,100 students! Near to apartment complexes like Galleria Park Apartments, Bradford Place Apartment Homes, Pointe Grand, Bedford Parke Apartments, Robins Landing, and Shadowood Apartment Homes.
Close proximity to a 288-unit multifamily development! 4 miles from a new development of 317 homes.
Extremely high traffic count of 27,400 vehicles passing by the store each day!
Seller's Bottom-Line and Asking Price for Business Only: $169,000 plus inventory! Inventory is guesstimated at $40,000 at cost.
If interested, please contact us anytime with your e-mail, full name and best contact number using reply to this ad button.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Market Competition and Expansion:
Extremely high traffic count of 27,400 vehicles passing by the store each day!
Reason for Selling:
Seller is a fix-and-flipper operator and wants to move on to the next business.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Georgia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
