Seller's Contact Information

  • RE:  Hookah Lounge
  • Contact:  Armen Nazarian
Listing Update!
Update:Ā Hookah LoungeĀ is no longer available. Weā€™ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Retail: Non-classifiable Industry.

Business Overview:

This is a great opportunity to own a well established and popular Hookah Lounge in a downtown location of Kent County. Established since 2013, this spacious and well decorated, comfortable seating arrangement lounge has a loyal and repeating customer base. The lounge offers a unique club and relaxing atmosphere where customers can enjoy a large variety of flavored hookahs, snacks and drinks while socializing with friends or simply unwinding after a long day. All furniture, fixtures and equipment are in excellent conditioned and maintained regularly. Current owner does not advertiseā€¦a new owner/operator with some creative advertising/marketing along with opening earlier in the day, expand on the selection of flavored hookahs, live entertainment & DJ, offering a retail counter, having a strong social media presence and offering private party events, you have HUGE potential to the already solid sales. This Hookah lounge is turn-key and will not disappoint. Seller will train and entertain all reasonable offers. A must see/must have business that will not last long! Call Armen Nazarian at 248-231-7714 or visit www.armennazarian.com.

Property Features and Assets:

This is a great opportunity to own a well established and popular Hookah Lounge in a downtown location of Kent County. Established since 2013, this spacious and well decorated, comfortable seating arrangement lounge has a loyal and repeating customer base. The lounge offers a unique club and relaxing atmosphere where customers can enjoy a large variety of flavored hookahs and drinks while socializing with friends or simply unwinding after a long day.

Market Competition and Expansion:

Current owner does not advertiseā€¦a new owner/operator with some creative advertising/marketing along with opening earlier in the day, expand on the selection of flavored hookahs, live entertainment & DJ, offering a retail counter, having a strong social media presence and offering private party events, you have HUGE potential to the already solid sales.

Reason for Selling:

Other Business Interest

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

Opportunity Update!

Exciting update: Hookah Lounge has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!

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Honolulu, HI
Honolulu County

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Not Disclosed, TX
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PRIVATE OFFERING MEMORANDUMOutdoor Equipment Investment OpportunityEXECUTIVE SUMMARYPremier dealership specializing in high-quality outdoor power equipment, serving a well-established customer base across Northeast Texas and Southeast Oklahoma. With a proven track record of revenue growth and profitability, an extensive inventory of industry-leading brands, and a strong regional market presence, this business presents an outstanding investment opportunity for a strategic buyer or investor.Key Investment Highlights:āœ”Established Market Reputationā€“ Recognized as a trusted name in outdoor power equipment, with a loyal customer base and high repeat business.āœ”Prime Location & Market Penetrationā€“ Dominates the Northeast Texas and Southeast Oklahoma markets, catering to farmers, ranchers, landscapers, municipalities, and homeowners.āœ”Diverse Product Portfolioā€“ Offers top brands of tractors, zero-turn mowers, UTVs, trailers, and outdoor power equipment, as well as parts and service.āœ”Strong Financial Performanceā€“$7M in annual sales, with steady revenue growth and diverse income streams from equipment sales, financing, service, and parts.āœ”Turnkey Business Opportunityā€“ Fully operational with an experienced team, established vendor relationships, and a well-stocked inventory.BUSINESS OVERVIEWCompany BackgroundFounded in2020, the Dealership has grown into a leading dealership for agricultural and outdoor power equipment, known for high-quality products, excellent customer service, and strong community engagement. The business operates with a dedicated staff of professionals, ensuring efficient operations and customer satisfaction.Market PresenceStrategic Geographic Reachā€“ Serving customers in Northeast Texas and Southeast Oklahoma, a strong agricultural and rural residential market.Diverse Customer Baseā€“ 3,000 active customers, including commercial clients (30%) and individual landowners.High Customer Satisfaction & Loyaltyā€“A4.9-star Google rating and 5.0-star Facebook rating, with strong word-of-mouth referrals.Products & ServicesThe Dealership offers a comprehensive selection of new and used outdoor power equipment, trailers, and implements.Product Offeringsāœ”Tractors & Implementsā€“ Compact to heavy-duty models from leading brands.āœ”Zero-Turn Mowers & Lawn Equipmentā€“ High-performance residential and commercial models.āœ”Utility Vehicles & Trailersā€“ UTVs, ATVs, and livestock trailers.āœ”Skid Steersā€“ Essential for professional and residential use.Servicesāœ”In-House & Field Repair Servicesā€“ Expert maintenance and repair for all major brands.āœ”Outdoor Equipment Parts Salesā€“ Stocked inventory for quick part replacements.āœ”Equipment Financing Solutionsā€“ Flexible purchasing options for customers.āœ”Trade-In & Buy-Back Programsā€“ Encouraging customer loyalty and repeat sales.FINANCIAL PERFORMANCEThe Dealership has demonstrated consistent revenue growth and strong profitability, making it a stable and attractive business.Financial Highlights:āœ”Annual Sales Growth:2022: Ā 19% Growth Increase2023: Ā Ā Ā 8% Growth Increase2024: Ā 15% Growth Increaseāœ”Diversified Revenue Streams: Equipment sales, financing, service, and parts.āœ”Competitive Profit Margins: Gross profit consistently around18%-20%.āœ”EBITDA:$1MM in 2024, demonstrating strong operating efficiency.Detailed financial statements and operational performance data are available upon request for qualified buyers.ASSETS & INVENTORYThe business operates with a well-stocked inventory of in-demand tractors, trailers, implements, and outdoor power equipment. The Owned Equipment List includes high-value machinery, ensuring a turnkey transition for a new owner.āœ”Modern, well-maintained 17,000 sq. ft. facility on 6 acres with ample showroom and storage space.āœ”Strategic inventory levels to meet regional demand and ensure quick sales.āœ”Vendor relationships secured for long-term supply and exclusive dealership rights.GROWTH OPPORTUNITIESThe Dealership is well-positioned for continued expansion. Key opportunities include:āœ”E-Commerce & Digital Sales Expansionā€“ Growing online sales platform to attract regional and national buyers.āœ”Enhanced Digital Marketing & Brandingā€“ Increased use of social media, SEO, and targeted advertising to drive traffic.āœ”Expanded Financing & Leasing Optionsā€“ Offering flexible purchase plans to reach a wider customer base.āœ”Broaden Product Offeringsā€“ Adding complementary product lines to capture new market segments.āœ”Additional Locations & Territory Expansionā€“ Expanding into adjacent counties for increased sales potential.TERMS OF OFFERINGThis is a private and confidential offering. The sale includes:āœ”All Business Assetsā€“ Equipment, inventory, real estate, and intellectual property.āœ”Established Customer Base & Goodwillā€“ Valuable brand reputation and loyal client relationships.āœ”Operations & Employee Transition Supportā€“ Owner willing to assist in smooth transition.Pricing & Deal StructureSpecific price, financing options, and seller support will be discussed with qualified buyers upon signing a Non-Disclosure Agreement (NDA).CONFIDENTIALITY & NEXT STEPSThis memorandum is for informational purposes only. Interested parties must sign a Non-Disclosure Agreement (NDA)before receiving further financial details.This memorandum presents a rare opportunity to acquire a profitable, well-established outdoor power equipment business with strong regional market share and significant growth potential. Serious inquiries only.All information is confidential and subject to verification.

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Cash Flow Not Disclosed
Revenue Not Disclosed

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