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About the Listing UREN01 - 0641722
Excellent opportunity to acquire a fully operational and well-established hookah lounge business operating since February 2022. The business is located in a 5,600 SF building (built in 2002) with open parking and strong local presence. The business operates under an NNN lease with monthly rent of $5,000, in place through February 2027, with options to renew. No rent escalations. All lease documents are available. Monthly operating expenses include approximately $1,500 for hookah tobacco, $3,000 for food, and $300 for insurance. Tenant pays utilities including water, electricity, and internet. Staffed with 4 employees. No deferred maintenance. The sale includes inventory and equipment valued at approximately $200,000. Business is owned by an LLC and has no HOA, no liens, and no legal issues. Seller is offering the business for sale to focus on other professional ventures. Trailing 1-4 weeks. P&L, tax bills, and lease documentation available upon request. Confidential sale. Serious inquiries only.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor: Ceramic Tile,Concrete
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Less Than .5 Acre (not Zero)
- Garage Capacity: N/A
- Zoning: Commercial
- Roof: Other
- Others: Preowned
- Sewer:
- Parking Features: Common
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 0000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1201 Main St Unit 230 Allen, TX 75002
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