Lounge For Sale in Kings County, NY

Kings County, NY
Asking Price: $250,000
Business For Sale Details
Listed on Sep 7, 2022(Renewed on Nov 25, 2025)

LISTING ID # 32962

This Lounge is a smoking hot opportunity. Great prime location, right in the heart of one of the busiest parts of Brooklyn. Very popular among the community, this establishment is fully equipped with over 70 hookahs and is well ventilated. There are several TVs and has a great Mediterranean vibe.. A full sized kitchen offers a wide array of finger foods which compliments the wide variety of tobacco selections. With seating for over 100 patrons, the space is almost 3000 square feet. There is a large basement which is used for storage, an office and ice machine. Rent is very affordable at $5500 per month, and there are 10 years left on the lease. A new owner can apply for a liquor license to add more revenue, and perhaps open at noon to cater to a hungry lunch crowd. Owner is willing to train and make the transition smooth, or he is willing to enter into a partnership and stay on board with a qualified buyer. Please be very discrete when visiting the lounge as the employees and patrons are unaware of the sale intention. Kindly call broker to set up an appointment to speak with the owner.

change currency

Financials (USD)

Asking Price $250,000

Cash Flow $110,000

Sales $250,000

Deal Terms

Represented by broker? Available On Request

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? No

Principals only? Yes

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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.

Request Information

Want to learn more about this listing? Log in now. New to DealStream? Discover how artificial intelligence can help you find better deals! Sign up for a Free Account today and get your first Search Genius deal tomorrow.

Sign Up

DealStream Awards & Reviews

More Listings Like This
Resources For Entrepreneurs
Industry Guides