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- RE: For The Love Of Cigars And Cocktails, Cigar Lounge
- Contact: Chris Redmond
Quick Facts
Asking Price: | $1,075,000 | |
Annual Revenue: | $746,862 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $256,465 | |
Total Debt: | Not Disclosed | |
FF&E: | $75,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2023 | |
Employees: | 4 | |
BBN Listing #: | 985892 | |
Broker Reference #: | 2301167403 |
Business Overview:
Located in Volusia County, we have a Full Liquor Bar (4 COP Package License), Restaurant, and Cigar Lounge which offers a haven for cigar enthusiasts and those seeking a sophisticated evening out. With its inviting atmosphere, delectable food and drinks, and lively events, this establishment has become a popular destination for locals and visitors alike.
Step into a world of rich aromas and relaxed ambiance as you explore the extensive selection of premium cigars. Indulge in a curated menu of handcrafted cocktails, expertly crafted to complement the flavors of your chosen cigar. Located on a busy tourist road this high-traffic area helps to boost sales with extra traffic both vehicles and walking. Currently being run by a manager and full staff this owner has minimal involvement in the day-to-day operation of the business. A restaurant-minded owner can take over the restaurant as this operation is currently leasing out the kitchen for $1,200 per month.
This package is being sold with the Business and Liquor License. The property is available, owner is willing to keep the property and put a long-term lease in place with a qualified buyer.
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Property Features and Assets:
Owned - Restaurant
Monthly Rent: $16,000
Square Units: 1,564 sq ft
Lease Expiration Date: February 28, 2035
Market Competition and Expansion:
Competitive Overview: Only Cigar Lounge in the area
Potential Growth: Open longer
Reason for Selling:
Owner to ExplainAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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