Business Overview
About the Company
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\.
