$275,000 NET High-End Scottsdale Cigar Bar w/ #6 Liquor License

Asking Price$1,500,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,000,000

Inventory$150,000
Not included in asking price
FF&E$250,000
Included in asking price
listing imageSave

$275,000 NET High-End Scottsdale Cigar Bar w/ #6 Liquor License


Asking Price$1,500,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,000,000

Inventory$150,000
Not included in asking price
FF&E$250,000
Included in asking price

Seller Financing Available
Business Description
If you have been in the market for a rare to find cigar bar in the heart of Scottsdale with fine appointments and a large cigar humidifier room and a full bar with a #6 license then look no further. This perfectly located cigar bar features a great lease 2700 sq.ft. inside location with an additional 1500 sq.ft. patio at a lease rate of only $11,450 in Scottsdale with 10 years remaining. The business also boasts top notch furniture, fixtures and equipment included in the price as well as a #6 license which is marketed for over $200,000 included in the price. The business also features $150,000 worth of top-notch hand-selected inventory at cost not included in price. The current ownership are semi-absentee and are offering great seller financing terms for the new owners. The Seller Financing Terms offered are $1,000,000 down and $500,000 for 3 years at 8%. Cigar Bars are very rare to show up on the market and this one, especially in the location and with the Seller financing terms offered will go quick.
About the Business
Facilities & Assets
2700 sq.ft. inside location with an additional 1500 sq.ft. patio
Opportunities for Growth
Tons of room for growth with more time and more ownership involvement, also there are major developments opening up near by the location within the next 12 months or so.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,700
Rent
$11,469.00 per month
About the Sale
Transition Support
2 weeks after sale
Financing Options
$1,000,000 down and $500,000 3 year at 8%
Listing Info
ID
2456156
Listing Views
25

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Mike Darmo American Realty Brokers

Listing ID: 2456156 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


Similar Listings
Launch Entertainment
$1,500,000Launch EntertainmentFeatured Franchise
Uptown Cheapskate
$100,000Uptown CheapskateFeatured Franchise
Apex Leadership Co
$150,000Apex Leadership CoFeatured Franchise
Tile Liquidators Floor & Design
$100,000Tile Liquidators Floor & DesignFeatured Franchise
Launch Entertainment
$1,500,000Launch EntertainmentFeatured Franchise
Uptown Cheapskate
$100,000Uptown CheapskateFeatured Franchise