Premium Cigar Bar & Lounge
Southern Pines, NC
| Asking Price: | $800,000 |
| Gross Revenue: | $750,000 |
| Rent: | $3,100/Month |
| Established Year: | 2016 |
| Cash Flow: | $300,000 |
| Inventory: | $500,000 |
| FF&E: | $25,000 |
Listing ID: 2058510Listing provided by BizBuySell
BUSINESS DESCRIPTION
Cigar Bar
9 year old retail Cigar Bar & Lounge. Largest humidor within 100 miles. Premium cigars and spirits.
1000 sq ft of retail section consisting of humidor and checkout area. 1000 sq ft of bar and lounge, 500 sq ft of outside partially covered deck.
DETAILED INFORMATION
Location
Southern Pines, NC
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,200
Lease Expiration
01/02/2027
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Furniture, Humidifier, POS, equipment
Competition
There is only 1 competitor and they do not have the bar or lounge. Very small and 1/3 of the sales we process.
Growth & Expansion
Unlimited as the area is growing rapidly. Large golf course community
Financing
none
Support & Training
We will stay involved for a minimum of 3 months to a maximum of 6
Reason for Selling
Focusing on retirement and age
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