For Sale
$115,000

Cigar Lounge & Hookah Bar Atlanta, GA 30303

Profitable, established business; turnkey operation.

Overview

Added:
Dec 11, 2024
Days on market:
138
This thriving Atlanta, GA cigar lounge and hookah bar is offered for sale at $115,000. Located in Fulton County, this 1,100 square foot establishment boasts seating for 44 patrons, two bars (seating 6 and 10 respectively), and a full liquor, wine, and beer license. The business includes 10 TVs and a state-of-the-art sound system, creating an inviting atmosphere. Currently fully staffed, this well-established business benefits from a low, all-inclusive monthly rent of $1,890 with four years remaining on the lease, plus an option to renew. The business generated approximately $196,000 in gross sales and $95,000 in net profit in 2023, with 2024 projections exceeding these figures. The absentee owner currently takes home 50% of sales. Additional assets include approximately 35 hookah pipes and a large humidor. This turnkey operation presents a fantastic opportunity for a motivated buyer seeking a profitable and easily managed business. The business is situated at a prime location in Atlanta, GA, zip code 30303.

Highlights

  • Atlanta, GA Cigar Lounge and Hookah Bar for sale.
  • $1,890/month all-inclusive rent.
  • High profit; $95,000 net profit in 2023, with higher projections for 2024.
  • Absentee owner operation, easy to manage.
  • 1,100 square foot space with seating for 44 patrons.

Property Details for 0 Cigar Lounge & Hookah Bar

Property type
Commercial real estate
Square Feet
1,100 SF

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.755711
Longitude
-84.3883717

FAQs

What type of property is this?
Commercial real estate - Profitable, established business; turnkey operation.
Where is the commercial real estate located?
The property is located at Cigar Lounge & Hookah Bar Atlanta, GA.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Atlanta, GA Cigar Lounge and Hookah Bar for sale.; $1,890/month all-inclusive rent.; High profit; $95,000 net profit in 2023, with higher projections for 2024.
How can I contact the broker?
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0 Cigar Lounge & Hookah Bar
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