EXCLUSIVE CIGAR LOUNGE & MEMBERSHIP CLUB

Business Overview:

Established in 2017, this exclusive private cigar club and lounge caters to individuals over the age of 21 who appreciate the world’s finest cigars and the camaraderie of like-minded enthusiasts. Offering two membership models— individual humidor memberships and corporate memberships for up to four individuals—the club also provides guest passes for non-members. Spanning 2,200 sq. ft., the facility boasts a luxurious Grand Lounge with plush leather seating, a glass-enclosed walk-in Humidor Vault, and a private suite ideal for business meetings and private events. The suite can host 10-60 attendees for meetings and 50-100 for receptions. The business maintains a strong online presence through a developed website, Facebook, and Yelp, positioning it as a refined destination for cigar aficionados.

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Property Features and Assets:

2,200 sq. ft. Facility boasting luxurious Grand Lounge with plush leather seating, a glass-enclosed walk in humidor Vault and a private suite.

Market Competition and Expansion:

The private club industry is expected to reach $25.8 billion by 2027, with an annual growth rate of11.2%. In addition, the number of cigar lounges in the US increased 2.9% from 2022 to 2023, reaching atotal of 3,016.

Reason for Selling:

New Business Ventures

Additional Details:

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