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Lounge, Bar, Retail Cigar Shop - UNIQUE BUSINESS OPPORTUNITY!
North CarolinaListing DetailsOffice ID: CIGAR1
Status: ON HOLD
Listing Broker: Joe Vagnone
Listing Price: $175,000
FF&E Included: No
Sales Structure: Asset Sale
Seller Financing: Yes
Reason for Sale:
The owner wishes to pursue other interests.
Training:
The owner is willing to work with a new owner to ensure the long-term success of the business.
OperationsYear Established: 2015
Form of Ownership: LLC
Employees (full-time): 1
Employees (part-time): 2
Managers: 1
Business Hours: Open Daily, Monday - Saturday, Closed Sunday
Summary
Business Description:
This unique lounge, bar, retail cigar shop was established in 2015, officially opening in December 2015. With a passion for cigars and people, the business has grown into a popular gathering place for local people with the same passion.
Owner Qualifications:
A passion for cigars and people.
Competition:
There is 1 main competitor in the area, and this business competes on the basis of price (same or better) and personal service.
LocationType of Location: Strip Center
Real Estate for Sale: Yes
Lease Expires: Apr 1, 2026
Option: 5 years after 4/1/26 at Market Price
Monthly Rent: $3,390
Square Footage: 2034
Facilities:
Facility is located in a prominent strip center.
Last Updated: Dec 18, 2017 / 11:53 AM
Financial Information Current As Of: Jun 9, 2016 / 3:59 PM