Absentee-Run Hookah Lounge For Sale - Prime Location + High Profit

Hempstead, NY

Seller Financing Available

listing image
Asking Price:$350,000
Rent:$3,182/Month
Established Year:2013
Inventory:$45,000
FF&E:$65,000
BUSINESS DESCRIPTION

Rare opportunity in heart of college town with NO competition nearby!

**Financial details are not being disclosed, as this offering is strictly based on a UNIQUE & exceptionally RARE opportunity and an amazing LOCATION.**

Absentee-Run Hookah Lounge – Prime Location, High Profit, and Tremendous Growth Potential!

After 12 successful years, this legendary Hookah Lounge & Café is now available for sale. The current owners are moving on to separate opportunities, offering you the chance to take over this highly profitable, turnkey business in a prime location with massive potential for expansion and additional sources of revenue streams.

KEY FEATURES:
• Prime Location: Located on the main strip in the heart of college town and close to all major colleges, this lounge enjoys high visibility and a steady flow of foot traffic from a young, vibrant clientele.
• Exclusive Opportunity: There are no other hookah lounges in the area, and with New York State and Village new laws, this business is grandfathered in, ensuring no new competitors can open nearby. It’s an amazing, exclusive location with a loyal customer base.
• Amazing Profit: Even with absentee ownership for last 5 years, the business remains highly profitable, offering an incredible opportunity for an owner to take charge and grow it further.
• Tons of Room for Growth: The addition of alcohol service could tremendously increase profits. Additionally, there’s also huge potential for events, expanded offerings, and marketing to boost the business even more. Also currently has been operating with limited hours, but extending them could significantly boost business and profits. Tremendous potential and room for growth!
• Renovated Cafe Area: The newly upgraded cafe section provides a fresh, modern space for customers, creating a welcoming environment to enhance the overall experience.
• Ambiance: The lounge offers a chill, upscale vibe with a cool, relaxed atmosphere that makes it one of the most sought-after spots in the area. The modern decor and inviting, warm ambiance attracts customers who come for the experience, not just the product, making it the ideal spot for socializing, relaxing, and enjoying a night out. 
• New HVAC System: Enjoy year-round comfort with a newly installed heating and AC system throughout the lounge.
• 30-Car Parking Lot: One of the standout features is the spacious 30-car parking lot in the back, offering convenience and easy access for customers, a rare amenity for businesses in this prime location.

This is a turnkey business with a loyal customer base and a strong reputation. Whether you’re an experienced operator or an investor looking for a lucrative opportunity, this Hookah Lounge & Café offers tremendous growth potential and a highly desirable location.

Take over today and start earning from Day 1 – No downtime, No gaps, just a seamless transition to profitability

Serious inquiries only. Contact us today to learn more or to schedule a viewing. Don’t miss out on this unbeatable opportunity to own a business with immense profit growth potential and room for expansion!


DETAILED INFORMATION
Location
Hempstead, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
800
Lease Expiration
31/12/2031
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All assets and inventory included.
Competition
No competition. Protected area.
Growth & Expansion
This business has tremendous growth potential. Minimum advertising is being done and has products and services that can be very easily expanded. Ideal for anyone looking to take their business to the next level or someone who is just starting out this would be an excellent turnkey base.
Financing
Sellers will consider 1 yr note on 10% balance with 90% down to qualified buyer
Support & Training
As needed.
Reason for Selling
Partners are moving on to separate opportunities.
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AJ Syed
AJ Syed