Business Summary:
The sale of the hookah lounge includes the permit to sell food and smoke in the same location. The County no longer issues permits to have a restaurant and hookah in the same location!!We are best know for our events, food, hookah and entertainment less than 1/2 mile from Reston Town Center with great visibility.
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| Year
Business was Established: 2003 |
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| Number of Employees:
3 |
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| Facilities / Terms of Lease:
The business is conveniently located to Reston Town Center and has an existing lease at $5,000 per month Net of Utilities and will increase by 3% per year thereafter. The business will convey with a 7 year initial term and a 5 year renewal option at the then escalated rate. The sale includes all equipment and furniture used in the business, which includes but not limited to, tandoor oven, freezer, grill, stove, 65 inch flat screen television, DJ stereo system, 19 dining tables with chairs, various artwork and decorative items and hookah pipes. |
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| Potential
Growth/Expansion:
The industry continues to grown so there are ample opportunities for growth. |
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| Competition:
The business has high revenue, great location, an established brand with loyal repeat customers. Great location! This restaurant is located on Spring Street between the Fairfax County Parkway and Herndon Parkway and less than a mile from the Reston Town Center. It has easy access and visibility to Spring Street and is the best known and longest operating hookah lounge in the area. They have great food sales Monday through Thursday and on Friday, Saturday and Sunday evenings they have a disc Jockey and usually have a cover charge. |
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| Owner
willing to train:
Owner will provide full training to new owner. |
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| Reason for selling:
Opening a business in new industry. |
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Seller Reference Number: bm742809893
BusinessMart.com Listing Number: 156742 |
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To request more information
on this business
please fill out the form shown right 
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