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Absentee - Owned Cigar Lounge In Warner Robins, Ga
Location: United States -> Georgia -> Warner Robins
Industry: Retail > Other Retail




Business Summary

100% Absentee-owned Cigar Lounge in Warner Robins, GA!

No COAM Contract!

Sales are currently $24,000 per month! Sales are increasing over the past year!

Net profit is over $8,200 per month AFTER paying $3,200 in Payroll, and rent as well as all other expenses!

Extremely low rent! Rent is only $2,000 plus CAM! Lease has close to 5 years remaining!

Newly installed gaming machines! Game machine commission is $2,000 per month one-side!

48 Cigar lockers available! Cigar lockers generate $600 per month! Seller charges $35 per month for small lockers and $60 per month for big lockers! 19 lockers are currently being rented out at $665 rental income per month!

Lounge includes 5 TVs!

Georgia Bourbon Society visits the Lounge every Thursday with 30 customers!

Business is only open 70 hours per week! Hours of operation are 11am-9pm Mon thru Wed; 11am-10pm Thurs thru Sat; and 12pm-7pm Sundays! Be your own boss and live a life of leisure running this business absentee!

Seller is a fix-and-flipper operator and wants to move on to the next business. Seller is willing to sign a noncompete.

Population is increasing year-to-year!

30 minutes from Macon, GA! 1 hour 30 minutes from Atlanta, GA!

Near Dalefort University and Fort Valley State University with over 2,100 students! Near to apartment complexes like Galleria Park Apartments, Bradford Place Apartment Homes, Pointe Grand, Bedford Parke Apartments, Robins Landing, and Shadowood Apartment Homes.

Close proximity to a 288-unit multifamily development! 4 miles from a new development of 317 homes.

Extremely high traffic count of 27,400 vehicles passing by the store each day!

Seller's Bottom-Line and Asking Price for Business Only: $169,000 plus inventory! Inventory is guesstimated at $40,000 at cost.

If interested, please call or text us anytime.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $288,000
Cash Flow:   $98,568
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2006
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Reason For Selling:  Seller is a fix-and-flipper operator and wants to move on to the next business.

Photos

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Absentee - Owned Cigar Lounge In Warner Robins, Ga Photo 1




Print Listing Id: 700395225


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Related Searches: Catalog and Mail Order Retail  >  Clothing and Footwear Retail  >  Computers and Electronic Equipment Retail  >  Convenience Stores Retail  >  Florist Retail  >  Health and Beauty Supplies Retail  >  Home and Garden Retail  >  Movie Rental  >  Wedding and Formal Rental  >  Other Retail  > 

Also See: Franchise Opportunities > Franchise Resales > Georgia Businesses For Sale > Georgia Franchises For Sale > Georgia Business Brokers



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