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Hookah Bar & Restaurant - Westheimer Area
This is an asset sale of a beautiful hookah bar & restaurant located in a shopping center near the Galleria area. The facilities were recently remodeled. There is seating for 140 guests plus a large front and back patio areas, a large kitchen, bar, dining room & dance floor. The business currently is open to the public only on Saturday evenings with live music and belly dancers. Private events are booked on other days of the week. Sources of income include a door charge of $25 to $45 depending upon the entertainment for the evening, food & liquor sales, and hookah. A new owner can operate with most any type of menu and concept. Seller financing is available.
Listed By: Jeffrey Jones
Background information
Reference:
82548
Year established:
2022
Reason selling:
Owner has other full-time businesses.
Operations
Employees:
4 to 6 depending upon the event.
Inventory:
$3,000
Premises
Square footage:
4,200
Rent and lease terms:
$6,055 Per Month Gross Rent including storage rooms next to the club.
Location:
Westheimer Galleria Area.
Price and terms
Price:
$450,000
Down payment:
$250,000
Financing:
$250,000 cash down and Seller Note for $200,000 payable over 5 years @ 6% = $4,349.88 P/M.
Training:
As needed