Kings County, NY Lounge for Sale with $110,000 Cash Flow
Financial Details
- Asking Price:
- $250,000
- Annual Revenue:
- $250,000
- Cash Flow / SDE:
- $110,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 2.3x
- Location:
- NY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is a well-established lounge located in a prime, high-traffic area of Kings County, NY (Brooklyn). The business is fully equipped with over 70 hookahs, features a Mediterranean vibe with multiple TVs, and offers a full-sized kitchen serving finger foods. It boasts seating for over 100 patrons within its nearly 3000 sq ft space, complemented by a large basement for storage, office, and an ice machine. The business generates a healthy cash flow of $110,000 on $250,000 in sales, with an asking price of $250,000. Rent is an affordable $5,500 per month with 10 years remaining on the lease (expiring 2035). Significant growth opportunities exist, including obtaining a liquor license and catering to the lunch crowd. The owner is offering training and is open to a partnership with a qualified buyer. Discretion is requested during visits.
Industry Information
- Industry Description:
- Bars, Taverns, Pubs, Lounges
- Classification:
- Entertainment & Recreation
Real Estate & Lease
- Status:
- Not specified
- Monthly Rent:
- $5,500 USD
- Lease Expiration:
- 2035
Listing Details
- Listing ID:
- 8ee8eba3-d07d-491d-9f5b-831368df7cd0
- Source Listing ID:
- 32962
- Deal Status:
- For Sale
- Date Posted:
- September 07, 2022
- Last Updated:
- September 15, 2025
- Currency:
- USD