Hookah Lounge – High Net – Easy to Run – Short Hours

Listing ID - 01985319JH

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