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- RE: Metro Atlanta Hookah Lounge Bar Business For Sale
- Contact: Steve And Cyndi Weinbaum
Quick Facts
Asking Price: | $149,000 | |
Annual Revenue: | $425,773 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $12,828 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | 6 | |
BBN Listing #: | 989354 | |
Broker Reference #: | 23810 |
Business Overview:
Rare opportunity to Buy and Own this metro Atlanta Hookah Lounge and Bar Business for Sale. Open for ten years, this East Point Hookah lounge is a spacious is 4200 square feet with a terrific rent of under $5000 per month. Offered at UNDER $150,000!Hookah lounges and bars offer owners strong earnings potential due to high margin product offerings and this Bar Business for Sale is no exception. The current owner has been in the business for decades and is ready to retire and hand the reigns over to a new owner-operator. The lounge has been open for 10 years and is known to the local residents. Tax returns for 2024 and 2023 show sales exceeeding $400,000 with positive cash flow making this turn-key opportunity to come in and start making money from day one.
This profitable Hookah lounge, offered by We Sell Restaurants, is located in East Point in down town metro Atlanta. It can seat more that 30 at the bar, tables or booths and comes fully equipped 40 Hookahs, 2 beer coolers, fryer stove, bar and much more all in a 4200 square foot venue with a rent under $5000. Easy-to-work-with Landlord will assign lease and extend 5 years for a qualified tenant. A new owner should be able to grow revenue by adding some promotions and marketing to the local area.
At We Sell Restaurants, we know financing is essential for buyers, and we have options to help you secure ownership quickly. We partner with lenders who offer unsecured loans to qualified buyers with strong credit, enabling you to avoid the delays associated with SBA financing. This means you can access funding faster on this Bar business for sale, allowing you to move forward without waiting months for loan approval. With quick access to capital, you can focus on making your new restaurant a success.
Act fast. This one won't last given how hard it is to find venues that allow Hookah and late hours.
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Property Features and Assets:
40 HOOKAHS2 BIG BEER COOLER
1 WATER AND SODA DISPLAY
5 TV?S
LARGE BAR
30 CHAIRS
14 SECTIONS
15 TABLES
KITCHEN
3 DEEP FREEZER
1 LARGE COMMERCIAL COOLER
1 DEEP FRYER WITH HOOD UP TO THE CODE
PREP AREA
STORAGE
SMALLWARES
COOKWARE
Market Competition and Expansion:
open for 10 yearsregular customer base
Reason for Selling:
RetirementAdditional 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
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