MergerPlace

Cigar Bar with Full Liquor License

Florida (Broward)


  • Asking Price: $555,000
  • Gross Income: $483,969
  • Cash Flow: $52,317
  • Real Estate: Not Disclosed
  • Inventory: $130,000
  • FF&E: $75,000
  • Listing ID: #205385
  • Established: 1991
  • Employees: 2

Business Description

Downtown Fort Lauderdale Cigar Bar and Lounge for sale, includes 4COP, dual beverage, full liquor and tobacco quota license with package store qualifications. Noted as having one of the best cigar and whisky collections in South Florida, this lounge is complete with wall-to-wall humidors, top shelf liquor, newer FF&E, A/C and Smoke Eater. Located in the world-famous downtown shopping area of Ft. Lauderdale and being offered at an excellent long-term lease rate. Plenty of growth opportunity! SDE has been normalized. Please refer to listing number 0101-971805, business broker Tom Milana when inquiring about this listing.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: Broward

Company Information

Year Established: 1991
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2

Financial Information

Asking Price: $555,000
Gross Revenue: $483,969
Cash Flow: $52,317
FF&E: $75,000
Inventory: $130,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 4081, Square Footage: 725, Building Type: Strip Plaza/FS Terms & Options: 2+ five-year options aval Expiration Date: 12/31/2023

Reason for selling:

Retirement/health

Support & Training:

Seller will train for 2 weeks at no cost.

Contact Business Seller

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Business Listed By:

Tom Milana

Transworld Business Brokers