Absentee-Owned Cigar Lounge Business-Only
Sales are currently averaging $20,000 per month!
48 total Cigar Lockers available! Cigar Lockers generate $875 per month! Seller charges $35 per month for small lockers and $60 per month for big lockers!
Cigar Lounge Fee generates over $800 per month! ATM and Bitcoin Machine bring in nearly $700 per month!
Extremely low rent! Rent is only $2,000 plus CAM! Lease has 4 years remaining!
No COAM Contract! Seller currently does not have game machines. HUGE opportunity to boost revenue with game machines!
Net profit is over $5,200 per month AFTER paying $3,200 in Payroll, rent and all other expenses!
Store Information:
Highly rated store! Over 70 Google Reviews with a 4.8 Star Rating! Take over a business that is well known and respected by locals!
Business is only open 70 hours per week! Hours of operation are 11am-9pm Mon thru Wed; 11am-10pm Thurs thru Sat; and 12pm-7pm Sundays! Be your own boss and live a life of leisure running this business absentee!
Georgia Bourbon Society visits the Lounge every Thursday with 30 customers! Lounge includes 5 TVs! HUGE opportunity to host more events to generate additional revenue!
Seller is a fix-and-flipper operator and wants to move on to the next business. Seller is willing to sign a noncompete!
Geographic and Demographic Information:
Extremely high traffic count of 27,400 vehicles passing by the store each day! Population is increasing year-to-year!
Near Dalefort University and Fort Valley State University serving over 2,500 students and faculty!
Near apartment complexes like Galleria Park Apartments, Bradford Place Apartment Homes, Pointe Grand, Bedford Parke Apartments, Robins Landing, and Shadowood Apartment Homes.
Close proximity to a 288-unit multifamily development! 4 miles from a new development of over 300 homes!
30 minutes from Macon, GA! 1 hour 30 minutes from Atlanta, GA!
Price Reduced! Asking Price for Business Only: $129,000 INCLUDING Inventory! Inventory is guesstimated at $40,000 at cost.
Financials (USD)
Asking Price $129,000
Cash Flow $62,400
Sales $240,000
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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