The 'Blue Lounge' is an excellent example of a quality Hookah Lounge located between West Hollywood and Glendale, just off Sunset Blvd. Evenings only operation and no alcohol, just soft drinks and Hookah. A relaxed 1,800 sq ft party atmosphere indoors with a fabulous 1,850 sq ft outdoor patio. A simple operation and extremely popular. This is a Cash Only business with minimal employees. View the photos to see this quality business and contact Restaurant Realty to arrange a site visit and meet the owner. Full training support from the owner. If you wish to receive more information and discuss this opportunity with the broker please complete the 'Non-Disclosure Agreement' on our website and we'll send you the lease & comprehensive list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationInc
  • Established2019
  • Current Owner2019
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating60 Indoors and 45 Patio
  • Square Feet1,850 Indoors 1,800 Outdoor Patio
  • ParkingParking Structure and Street
  • LicensesHealth and Business
  • Open HoursSunday - Thursday 6pm-12am / Saturday and Sunday 6pm - 2am.

Lease

  • Rent$3,400
  • Expiration2024
  • Yearly IncreaseContact for Info
  • Option5 year option
  • Deposit$3,400

Financials

  • Monthly Revenue$15,000
  • Monthly Cash FlowContact For Info
  • Annual Revenue$180,000
  • Annual Cash FlowContact For Info
  • PayrollContact for Info

Financing

  • Down PaymentContact For Info
  • Note BalanceContact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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