This established cigar lounge in Lauderdale-by-the-Sea offers a fresh experience after a recent conversion from a retail store with over 20 years of history. The unique selling point includes in-house made cigars, sourced from trusted farms overseas for over two decades, and trademarked for authenticity.
Growth Potential
With a focus on marketing, profits can be easily boosted. Obtaining an alcohol and wine license could further enhance revenue potential, making it an attractive business opportunity.
What's Included
Complete inventory and state-of-the-art equipment
Newly purchased furniture and custom humidor shelf
Advanced POS system, sound system, and security cameras
Efficient lighting system and eye-catching signage
Operating Costs
Lease: $2,000/month
Utilities: Approximately $250/month
Internet & Phone: $150/month
Business Insurance: $90/month
Lease Terms
Transferable lease with a 5+5 year option on beachfront property at $2,060/month
Licenses
Currently licensed for tobacco and vape; eligible for Delta-8 selection
Support & Training
Comprehensive training for 1 week provided by the seller
Additional Notes
Seller financing available, enhancing affordability for potential buyers.
The space can continue as a cigar lounge or be converted to another business type.
Detailed Information
Inventory: Included in asking price
Real Estate: Leased
Lease Expiration: 7/1/2029
Facilities: New couches, refurbished humidors
Competition: Only cigar lounge in the area by the beach
Growth & Expansion Potential
Intensified marketing efforts could significantly boost profits, and seasonal sales challenges could be mitigated by improving the e-commerce site to stabilize revenues.
Reason for Selling: Owner is pursuing new opportunities.