17 Mar Hookah Lounge – High Net – Easy to Run – Short Hours
$169,000
This well-established hookah lounge has been in operation for four years and is conveniently located on a major street in close proximity to Koreatown in Los Angeles.
The lounge boasts a welcoming and stylish ambiance that sets the perfect mood for patrons.
Operating from 6 pm until midnight, six days a week (closed on Tuesdays), this profitable business offers a great return on investment.
Its easy-to-manage operations require only one full-time and one part-time employee.
The current owner is currently working part-time, leaving ample room for a new owner to grow the business.
Down Payment: $169,000
Total Sales: $162,000
Cash Flow: $51,300
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $150,000
FFE Included: Yes
Inventory: $10,000
Inventory Included: No
Year Established: 2018
Days & Hours of Operation: 6 Days (Tue: Closed) / (Wed - Mon: 6pm to 12am)
Owner Hours Per Week: Part Time
Non-Owner Payroll: N/A
Employees: 2
Absentee Owner: No
Lease Option: 5 Years Option
Real Estate: N/A
Monthly Rent: $3,600
Type of Location: Strip Mall
Square Footage: 1760
Reason For Sale:
Partnership
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