Asking Price: $50,000 Gross Revenue: $90,000Cash Flow: $60,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $15,000 included in asking priceFF&E: $35,000 included in asking priceReal Estate: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
selling PARADISE HOOKAH LOUNGE in CDA IDAHO. looking to get out of the business to pursue other passions. This is one of only 2 hookah lounges in the city and for about a 100 mile radius, and we are grandfathered in. which means no future competition. The lounge hosts event nights with DJ Ricky Vegas who is a full time DJ at a very popular night club in Spokane. As well as birthday parties and any other desired private events from time to time. Out of the 2 lounges we are number 1 on yelp, Facebook, google, and pretty much every other site you can find. Feel free to give me a call or text for more information.
Check out this video of the lounge to see what business looks like.
About the Business
Number of Employees:
2 bathrooms. men and woman.kitchen in the back for making hookah.
there are only 2 hookah lounges including mine for about 100 or more miles. the neighboring cities do not allow hookah lounges and the city we are in has grandfathered us into business. which means no more future competition. The hookah lounge business is at a consistent 1.6% annual growth rate.
Hookah lounge/bar in busy downtown area right off the freeway
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 & Conditions.