Established San Antonio Hookah Business for sale

San Antonio, TX (Bexar County)
Asking Price: $90,000
Business For Sale Details
Listed on Nov 27, 2024

Hookah Lounge is a premier hookah lounge located in San Antonio, Texas. Established in 2018, this turn-key business offers a unique "Tulum chill styled" atmosphere and has built a loyal customer base over the years.

Business Highlights:
- Prime location with 1,492 SF leasehold and occupancy of 49
- 3-year assumable lease with favorable terms
- All necessary licenses and permits in place, valid until 5/31/2026
- Strong digital presence with positive reviews (4.2/5 on Google with 257 reviews)
- Lean staffing model with part-time contractors
- Profitable and cash flow positive since March 2024 takeover

Financial Performance
- 2021 Revenue: $202,006
- 2022 Revenue: $206,117
- 2023 Revenue: $162,089
- 2024 Average Monthly Revenue: $9,053
- Best Month Profit (September 2024): $4,531

Assets Included in Sale
- All furniture, fixtures, and equipment
- Inventory
- Permits and licenses
- Digital properties (website, social media accounts)
- POS system (Square)
- Assumed names

Growth Opportunities
- Expand product offerings
- Implement online sales and delivery services
- Host events and promotions
- Develop a customer loyalty program
- Potential for expansion to new locations

Reason for Sale
The current owners are pursuing other business opportunities and are motivated to sell this profitable, turn-key operation to the right buyer.

Support and Training
30 days of training and management assistance from current owners included in the sale.

This established hookah lounge presents an excellent opportunity for entrepreneurs looking to enter the thriving hookah and vape industry or for existing operators seeking to expand their portfolio in the San Antonio market.

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Financials (USD)

Asking Price $90,000

Cash Flow Not Disclosed

Sales $206,000

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? Available On Request

Willing to co-broke? No

Principals only? Yes

Franchise? No

Management will stay? Yes

Relocatable? Yes

Real Estate? No

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

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