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Maryland
Rare Cigar and Whiskey / Liquor Lounge | $275k+ assets
Asking Price
$275,000
Revenue
Call/Email
Down
$100,000
Cash Flow
Call/Email
Name: Hugo Gonzalez
Name
Hugo Gonzalez
Description
This license combination is a major advantage, allowing a buyer to operate a premium cigar lounge, bar, tasting venue, private membership concept, and social lounge under one established platform.
This is a veteran-owned, 2,000-square-foot premium cigar lounge located at the landmark location, featuring an overstocked humidor, a full-service bar with high-end spirits, and a relaxed, comfortable atmosphere. Established in 2016 by owner, it is a popular destination in Southern Maryland for cigar enthusiasts and novices.
The business is already built out and ready for a new owner, with a premium lounge environment, cigar inventory, humidor, bar infrastructure, furnishings, fixtures, equipment, POS assets, and a customer-facing concept in place. Total documented assets are over $275k.
The business offers a comfortable and distinctive cigar-and-spirits experience, combining premium tobacco retail, lounge seating, drinks, events, and a relaxed social atmosphere. A new owner can continue the current concept or expand around VIP memberships, whiskey and cigar pairings, private events, tastings, corporate gatherings, and enhanced local marketing.
This is a compelling opportunity for an owner-operator, cigar enthusiast, hospitality buyer, or existing bar/lounge operator seeking a rare licensed cigar lounge concept with the core infrastructure already in place.
Well-organized operation and a consistently profitable business opportunity that is positioned for continued success; a perfect acquisition opportunity for anyone who is looking for a stable cash flowing business investment opportunity.
Seller financing: Available
Hours of operation: Tuesday-Friday 9 am - 5 pm and Saturday 9 am - 2 pm
FOR SERIOUS BUYERS ONLY!!!!!!!!!!!!!!
THIS BUSINESS WILL NOT BE AVAILABLE FOR LONG.
All bona fide buyers please send appropriate financials, resume and proof of funds and you will have a response.
This is AN IDEAL OPPORTUNITY for an experienced industry buyer to enter and grow their portfolio with the possibility of buying the business with a landmark property, as well as who is looking to add another business into their existing portfolio of companies in this line of business or allied industry.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION THE UNMATCHED GLOBAL POWERHOUSE TRANSWORLD VALUE
This once in a lifetime business opportunity is for sale with property is proudly offered by Transworld Business Advisors, the number one business brokerage firm in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and middle market business owners and buyers with transaction expertise.
ATTENTION BUSINESS OWNERS & POTENTIAL SELLERS
We represent prequalified buyers/clients that are very interested in buying all types of businesses ANYWHERE in USA. Considering selling your good business at this time or in the near future, please contact me??.
All communications are kept STRICTLY CONFIDENTIAL.
IF INTERESTED PLEASE CALL:
Hugo Gonzalez, Senior Business Advisor,
Transworld Business Advisors, Downtown DC, Annapolis, Baltimore & New York City) at Cell (786) 529 2893 3739 Or Off (202) 929 5353 or by email, hgonzalez@tworld.com & we shall respond soon.
This business has significant growth potential, particularly through its underutilized patio space, which is already developed for future use. By transforming the patio into an outdoor sports bar with TVs, the business can attract sports enthusiasts and create a lively atmosphere. Additionally, incorporating a golf simulation area, complete with a putting green, would appeal to luxury clients seeking unique recreational activities. Introducing a hookah lounge can further diversify the offerings, attracting a broader clientele and enhancing the overall appeal. These expansions position the business as a premier destination for leisure and social gatherings in the community.
https://tworld.com/locations/Maryland/dcdowntown/listings/Rare-Cigar-and-Whiskey-Liquor-Lounge-275k-assets
Business Details
Year Established:
2016
FE&E:
$150,000
Reason for sale:
Retirement
Lease & Tenant Information
Lease Options:
$3,000
Other Information
Listing Number:
090122-948696
Sales:
$411,643
Seller's Discretionary Earnings:
$115,532
Inventory:
$100,000
Posting Information
Posting ID:
ID tw:92533 / Listing Number 090122-948696
Business Category:
Liquor Related Biz, Cards/Gifts/Books
Keywords:
Transworld
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Posting Title
Rare Cigar and Whiskey / Liquor Lounge | $275k+ assets
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*92533
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NDA Signed Successfully!
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Agent, Broker or Seller Contact
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