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Listing ID: 2954680

Popular Tampa Hookah Lounge - USF Vicinity For Sale

USF, Tampa, Florida, United States

$ under 100k

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 100k to 250k

Cash Flow: $ 0 to 100k

Business Description

Well-established and highly rated, our lounge has been offering a broad menu featuring the best hookah and other options to patrons for nearly 10-years in the vicinity of the University of South Florida (USF). The Lounge is widely known for serving the most delicious menu in the area. The lounge has a great reputation on Yelp, Google, and social media and business is strong. The lounge is well-known as a great place for people to relax after a hard day’s work, dates and social gatherings! Due to the laid-back environment it is also regarded as a top place for USF students to study so the Lounge is not just about weekends.

The Market and Hookah Trends
The unprecedented appeal and potential for hookah products is growing at a rapid pace due to the rising demand from not only students but consumers of all ages. Especially with the economy rebounding and disposable incomes recovering, the timing is perfect. Regardless of the state of the economy, however, the Lounge has been an integral part of many USF students’ college experience so it has survived and thrived as other lounges and businesses have fallen by the wayside. USF is one of the largest universities in the Nation and as it grows the Lounge will grow with it. With hookah becoming more mainstream, it is no longer something only students, celebrities, and counterculture people do. In addition, the varied menu at the Lounge serves to further its appeal. The market for hookah and the other options the Lounge now offers will continue to grow and the Lounge will be a staple for college students, residents, and Tampa visitors for years to come.

Please contact us for more details.

Property Details

Size:

1,300

FF&E:

$ 15,000

Inventory Value:

$ 1,500

Other Details

Business Location:

East of USF campus

Operation Details

Employees:

5-6 PT

Support & Training:

Will train and be available for consultation as needed.

Miscellaneous

Financing Available:

Yes
Yes, however, only as a last resort if other financing is unavailable and with a significant down payment.

Reason For Selling:

Moved away from area

Contact this seller

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