Cigar Lounge & Hookah Bar Atlanta, GA 30303
- Commercial real estate
- 1,100 SF
Current Use by Public Records
- Commercial real estate
Property Details for 0 Cigar Lounge & Hookah Bar
- Property size
- 1,100 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Fulton
- State
- Georgia
- Longitude
- -84.3884
- Latitude
- 33.7557
