Rare Hookah Lounge for Sale
Business Description
Established Mediterranean Lounge and Hookah Bar for Sale in Indianapolis
This unique hookah lounge presents an exceptional opportunity to acquire a specialized entertainment venue in the thriving Indianapolis market. Located in Marion County, this 2,700 square foot establishment offers a distinctive Mediterranean atmosphere that sets it apart in the local dining and entertainment scene.
Business Overview:
Operating as a Mediterranean lounge and hookah bar, this business caters to a niche market seeking authentic cultural experiences and social gathering spaces. The venue combines traditional hookah service with Mediterranean hospitality, creating a unique entertainment destination.
Financial Details:
Asking Price: $299,000
Fixtures, Furniture & Equipment: $100,000
Inventory Value: $10,000
Monthly Lease: $6,300 for 2,700 sq ft facility
Location & Facility:
Strategically positioned in Indianapolis, the business operates from a spacious 2,700 square foot leased location, providing ample room for customer seating, hookah preparation areas, and social spaces that enhance the authentic lounge experience.
Growth Potential:
The current owner acknowledges significant opportunities for business improvement under new, more aggressive management with industry knowledge. This presents an ideal scenario for an experienced operator or entrepreneur ready to expand the business's reach and optimize operations.
Owner Support:
The retiring owner will provide two weeks of comprehensive training to ensure smooth transition and operational continuity.
This rare opportunity to enter the specialized hookah lounge market comes at an ideal time, with an established foundation ready for expansion under dedicated new ownership. The Mediterranean theme and hookah focus create a distinctive market position in Indianapolis's diverse entertainment landscape.
This unique hookah lounge presents an exceptional opportunity to acquire a specialized entertainment venue in the thriving Indianapolis market. Located in Marion County, this 2,700 square foot establishment offers a distinctive Mediterranean atmosphere that sets it apart in the local dining and entertainment scene.
Business Overview:
Operating as a Mediterranean lounge and hookah bar, this business caters to a niche market seeking authentic cultural experiences and social gathering spaces. The venue combines traditional hookah service with Mediterranean hospitality, creating a unique entertainment destination.
Financial Details:
Asking Price: $299,000
Fixtures, Furniture & Equipment: $100,000
Inventory Value: $10,000
Monthly Lease: $6,300 for 2,700 sq ft facility
Location & Facility:
Strategically positioned in Indianapolis, the business operates from a spacious 2,700 square foot leased location, providing ample room for customer seating, hookah preparation areas, and social spaces that enhance the authentic lounge experience.
Growth Potential:
The current owner acknowledges significant opportunities for business improvement under new, more aggressive management with industry knowledge. This presents an ideal scenario for an experienced operator or entrepreneur ready to expand the business's reach and optimize operations.
Owner Support:
The retiring owner will provide two weeks of comprehensive training to ensure smooth transition and operational continuity.
This rare opportunity to enter the specialized hookah lounge market comes at an ideal time, with an established foundation ready for expansion under dedicated new ownership. The Mediterranean theme and hookah focus create a distinctive market position in Indianapolis's diverse entertainment landscape.
About the Business
- Years in Operation
- 2
- Facilities & Assets
- Great northside hookah lounge with outside patio.
Serve Beer and Wine.
Hookah License. - Market Outlook / Competition
- The Lounge needs a new ownership more aggressive and knowledge to improve the existing business.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,700
- Rent
- $6,300 per month
About the Sale
- Seller Motivation
- Retiring.
- Transition Support
- Owner will train for two weeks.
Listing Info
- ID
- 2535242
- Listing Views
Business Location
Listing ID: 2535242 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.
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