Hookah Lounge & Bar

Smithfield, Rhode Island

  • Asking Price: $340,000
  • Gross Income: $347,963
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $60,008,000
  • FF&E: $30,000
  • Listing ID: #213404
  • Established: 2017
  • Employees: 10 Part-time

Business Description

Imagine working until 1:00 a.m. and loving every minute of it. This is an opportunity for you to own an established contemporary upscale hookah lounge and bar that is nestled in a highly visible location. The business is profitable with its loyal customer base and consistently positive reviews -- offering a vast array of premium tobacco flavors, a refined cocktail menu, bottle service and a sumptuous food menu -- not to mention that they’re the only hookah lounge in the community. Its location and large capacity make the business an ideal space for large parties and events in an intimate setting. This means that the business is established within its area and could thus generate steady revenue.

An ideal buyer must be knowledgeable in sales, marketing and business management. The operations are streamlined and run by a highly skilled and experienced workforce. Long-term training will be provided to ensure a smooth business transition.

This is an established business. This is neither a new franchise nor a start-up opportunity.

***Please look for an email titled "Morgan & Westfield –“Hookah Lounge & Bar” after contacting us. You can access more information on this business after e-signing our Confidentiality Agreement. ***

Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Rhode Island
Metropolitan Area: Smithfield

Company Information

Year Established: 2017
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 10 Part-time

Financial Information

Asking Price: $340,000
Gross Revenue: $347,963
FF&E: $30,000
Inventory: $60,008,000
Seller Financing Available: Yes

Contact Business Seller

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Business Listed By:

Arthur Williams

Morgan & Westfield