Description
This successful and popular hookah lounge business is priced to sell with net income averaging approximately 49% of Gross Income. It is one of only 2 hookah lounges within the City of Coeur d'Alene and is a popular site with locals, especially on their featured party night that is hosted on site every other week. The lease is a modified gross lease with utilities averaging approximately $250/month and can be assigned to a new business owner with landlord prior approval. The business recently was approved for a wine and liquor license but alcohol sales have not yet started as of January 2019. The tobacco license is grandfathered in and the current tenant has installed an air filtration HVAC system valued at approximately $15,000 that is included in the sale price together with all t
Details
| MLS# | 19-974 |
|---|---|
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 82 |
Features
| Story(s) | 1 |
|---|
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Area Information | |
|---|---|
| State | ID |
| County | Kootenai |
| City | Coeur d'Alene |
| Zip Code | 83814 |
| Area | 01 - CdA Urban/Dalton |
| Listing VS Median (in 83814) | |
Price: $57,000 low | high Med: $405,000 100% of Average On Site: 82 low | high Med: 234 35.042735042735% of Average | |
MLS Number: 19-974Listing Provided By:
Lisa E Holder of Keller Williams Realty- Sandpoint
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