Opportunity to get into a super high margin and very profitable Hookah lounge and café,
Location has difficult to acquire 41 beer and wine license in place!
Walking distance to the beach and right in the heart of this great beach city
Location is outstanding for this concept, and they just signed a below market rate lease.
Seller has recently completed building location out, all permits, and licenses are in place, including the very difficult to secure tobacco license and 41 license.
It’s a beautiful lounge and cafe that has been set up very nicely.
It is a turnkey location and ready to go. Brand new signage is up, and it looks great.
There is even a temporary covered street patio in addition to the sidewalk patio space where they can also put tables and chairs.
They have a separate kitchen with cold storage, microwave and warming oven. There is already a grease trap in place.
Location does not have a hood system, but one could be added if you wanted to expand your menu.
Hookah is the draw and the high margin item they sell but now with BEER AND WINE available they are drawing even more customers in.
They also have a coffee bar selling pastries, desserts and many other pre-made items that they are able to heat up and supplement the Hookah experience with.
They completed construction and build out in March of 2021, hit ground running and sales were booming without even trying.
They have averaged over 30k per month the past few months and with the addition of the 41 license sales are continuing to climb.
40k gross sales in June and summer just started!
Space is approximately 1624 Sq feet with base rent of $7073 and NNN of $926. All in rent at 8k is a great deal for this area.
They even have a dedicated parking spot which is rare at the beach. Lots to like about this place, come see the custom furniture, two separate bathrooms, a VIP area downstairs and even a private owner access only space upstairs.
Are you ready to get in cheap and reap the rewards, call/text/email today to set up a visit.
|2014 Total Population||48,464||126,178||279,271|
|2010 Number Of Households||23,349||54,637||122,295|
|2010 Persons Per Household||1.93||2.17||2.16|
|Median House Value||$717,300||$566,380||$550,270|
|Income Per Household||$64,478||$63,381||$62,505|
|2009 Number Of Businesses||1,552||4,206||9,654|
|2012 Number Of Employees||38,288||109,858||270,036|
|2012 Total Annual Payroll||$597,135,000||$1,989,184,000||$4,294,967,295|
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