These cookies collect information that is used in aggregate form to help us understand how our websites are being used or how effective our marketing campaigns are. How does the laundromat business look as we enter this changing environment? This would mean $60,000 in profit, assuming that 30% margin. They will check that your business name is available before filing, submit your articles of organization, and answer any questions you might have. magic love Dream Hookah Lounge is known as "The Most Lit Place for After Hours in OC". Orange County deputies investigate incident at Arabica Hookah Lounge on International Drive ORANGE COUNTY, Fla. - A man injured in a shooting early Wednesday at a hookah lounge in. Layers of crispy filo dough, walnuts and . Thats why US waste collection is worth $59 billion and the global market expectsstrong Copyright 2023 Step by Step Business. However all the laundry listings are asking 4X to 5X multiple for an asking price! For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Peter Siegel with BizBen.com explains. Suggested duration 1-2 hours Suggest edits to improve what we show. What factors go into valuing a laundry business these days? Urban Pharms is a member-only lounge that serves any member 21 years old and up. Find address, phone number, hours, reviews, photos and more for Midnight Hookah lounge - Night club | 8747 International Dr Suite 102, Orlando, FL 32819, USA on usarestaurants.info . The most popular Korean fried chicken restaurant in West San Jose, with many loyal customers in a prime location. Mango Hookah Delivery and Catering in Orange County (OC) - Hookah On Wheels - Hookah on Wheels WE NOW OFFER CBD AND DELTA-8 hookah FLAVORS and TOBACCO FREE-NICOTINE FREE Hookah FLAVORS We Deliver to most cities in Orange County, California. This mail store is the nicest, professional, outstanding and caring mail box rental and shipping center and they are keeping your mails and packages safe and this place is superb in every aspect imaginable and the best place for any mailing, packaging and shipping things. You need to be strategic about when you sell your Laundromat so you don't get taken to the cleaners by a buyer and so that you maximize your profits. Wednesday 5PM - 1AM. I am an experienced entrepreneur, attorney, & business professor. Anaheim tops the list with 10. This Poke location offers a vibrant atmosphere with a great selection of Poke bowls, wraps, and vegetarian options. Eligibility for an Emergency Financial plan. But there are a few misconceptions about the business and a buyer should have the facts. The restaurant was recently remodeled. Close to University of California at Irvine, Coastline Hookah Lounge is one of the more popular spots for hookah bars in Orange County. There is a brand new style and menu for this Korean-style BBQ and pub. 24 were here. Chuck Post, a leading laundry expert with over 37 years of developing laundries, retooling, and rebranding hundreds of existing laundries, tells investors how to search, find, evaluate, and do good laundry due diligence laundries for acquisition. I am the Founder Of BizBen.com. Our smoke lounge is known for its impressive tobacco stock that is constantly updated. They are only one mile away from the beach making it the closest hookah lounge to the beach and gives the perfect breeze from the ocean. This business is primed for an engaged operator. Instead, the traditional, yet elaborate vibe gives the older crowd something to enjoy. Should the owner be expected to take back a note for the value of the inventory? All surveys have been completed and approved by the state & CHAPP. Is it still the American Dream Business that it has been known to be? The owner has been very successful in his shop and claims he has made good money during all these years and is ready to retire and travel around the world! Adding a business to Yelp is always free. More than 70 flavors are served and more than 20 "Exotic Mixes" are provided. Was chatting with a potential buyer of a restaurant in our BizBen ProBuy Program and he asked me what he should look for in due diligence when he finally did find a restaurant he was interested in. Authorities are investigating a shooting that happened in east Orange County early Sunday morning. Keeping your business finances separate from your personal account makes it easy to file taxes and track your companys income, so its worth doing even if youre running your hookah lounge business as a sole proprietorship. We take a look at several angles for optimal gas station due diligence. Their annual sales top $2,000,000.00! Lounges, many with couches and ottomans, offer. Your biggest challenges will be: Now that you know whats involved in starting a hookah lounge, its a good idea to hone your concept in preparation to enter a competitive market. Dream Hookah Lounge, Anaheim: See reviews, articles, and 10 photos of Dream Hookah Lounge, ranked No.128 on Tripadvisor among 128 attractions in Anaheim. This is a phenomenal restaurant opportunity for sale! Do I renew the contract or do I act the landlord to sign a contract to the new buyer? Check prices in your area to make sure youre competitive. Food and drinks are also served. Mint-flavored hookah tobaccos are growing in popularity, and fruit flavors are another favorite. This will function as a guidebook to take your startup through the launch process and maintain focus on your key goals. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. Restaurant & bar with almost $6 million in annual sales and over 25% profit. Long-term lease at $10,000 per month all in. 40 flavors with unlimited refill. Brand is well recognized by . If the company decides to go through with the business, it will likely open in about three months after renovations to the building are complete, Elgergawe said. The size is 3,500 sq ft. with a 400 sq ft. storage room. Great for Asian, Persian, Indian, and Italian food. About Dream Hookah Lounge. If your business involves alcoholic beverage sales, we can help. Military discount Available to all Active duty and/ or Retired service Members. Be sure to call and get the details. Zoning summary. The bar was previously closed duri the outbreak of Covid in March 2020. Peter Siegel, MBA (BizBen ProBuy Program Director and Business Purchase Financing Expert) explains with other brokers, intermediaries, and advisors info on this topic. Fully equipped small kitchen. Further, if you have the resources, you could consider hiring a recruitment agency to help you find talent. Perfect start-up opportunity for those who want to get into the hospice field as the need is always growing. The board of. The hookah market is taking off, expected to double in the next decade. To communicate or ask . Huntington Beach, CA 92647 Full kitchen with type 1 hood and built in circular bar with type 47 ABC license. Ready to bill Please feel free to contact George with questions and to request additional information. My position on the place is neutral. Read our editorial guidelinesfor more details. Your business location is important because it can affect taxes, legal requirements, and revenue. A business buyer asks about the viability and purchase of a home health care service and about the future of this industry - Peter Siegel, MBA takes on this question with other ProIntermediaries & Advisors on BizBen regarding the home health care industry and it's future for potential buyers. Most people will register their business in the state where they live, but if youre planning to expand, you might consider looking elsewhere, as some states could offer real advantages when it comes to hookah lounges. This route is very affordable, but figuring out how to build a website can be time-consuming. There is a separate parking space which fits around 30 cars. We dont operate that way here, as far as Im concerned, he said. Atlanta, GA. North Atlanta Nightclub, Hookah Lounge & Restaurant for Sale - $300,000 2020 Net Profit - 10,000/sf with 2-Bars, Stage & Large Kitchen 10,000/sf. MUSIC - FOOD - COCKTAILS. https://www.alliedmarketresearch.com/hookah-tobacco-market-A06663, ZenBusinesss online LLC formation service, obtaining a number of licenses and permits, MyCorporations Business License Compliance Package, Setting up a business name and corporation. SBA loan is available for a qualified buyer. Items buyers of elderly care homes will want to know more about why the seller is moving on, average length of stay, placement fees paid, etc. From my experience, here are the pros & cons of buying a gas station that I share with BizBen ProBuy Buyers when they come to me to to get pre-qualified for financing to buy a gas station (with or without real estate). Enjoy a relaxing evening with family and friends. This newly remodeled wine bar is on one of the most desirable streets in one of the most popular cities in San Mateo County. Home facts updated by county records on Jan 7, 2023. Hotels near Disneyland Park Hotels near Disney California Adventure Park Hotels near Downtown Disney District Hotels near Disney California Adventure Park Hotels near . For sale is an American burger & specialty food restaurant with a hard liquor sports bar in San Clemente. You may also need other business licenses and permits at the state and local levels. Save $200,000 Before purchasing a car wash (quick serve or full serve) you must understand that the industry as a whole will provide you with plenty of competition. Tuesday - 4pm - 12am If youre still not sure whether this business idea is the right choice for you, here are some related business opportunities to help you on your path to entrepreneurial success. Learn how to find convenient stores for sale with high traffic, profitable locations to maximize your investment. You might also hire multiple workers for a single role or a single worker for multiple roles, again depending on need. The Best 10 Hookah Bars near me in Orange County, California, Sultana Ultra hookah lounge - Temp. The City Council then voted to consider appealing the decision in favor of a 10 p.m. closing time. 20672 Lake Forest Dr. Suite A Youll need to design an interesting hookah menu and create a great atmosphere, and you can be successful. 14100 Culver Drive Ayoub told police that he had been stabbed by his wife, according to . It has a good rental rate compared to other restaurants in the area. The ground floor is occupied by the Grocery Market with 3bd/1bth apartment unit on the upper level generating nice rental income. You can block or delete them by changing your browser settings, as described under the heading "Managing cookies" in the Privacy and Cookies Policy. The restaurant owners originally asked for a 2 a.m. closing time to accommodate the restaurants anticipated Middle Eastern customer base, but settled on 11:30 p.m. during a Planning Commission meeting last month. I welcome other Advisors to weigh in on this topic. Securing financing is your next step and there are plenty of ways to raise capital: Bank and SBA loans are probably the best option, other than friends and family, for funding a hookah lounge business. saturday - 4pm - 1am 48 Cocktail Bar with entertainment license offering live bands, DJs, and Karaoke. Aria Hookah Lounge 4.2 (97 reviews) Chuck Post a laundry consultant, specialty broker, buyer representative & due diligence advisor starts this discussion on why it's important to have an exit strategy in mind while buying a laundromat! Licensed Hospice for sale in Tucson, Arizona. Managers run businesses on major thoroughfares with many upgrades. Sam is always giving the best Hookahs. Current original owners been there since 6 years spent more than half million dollars built this brand Asian Fusion restaurant. Starting a hookah lounge business requires obtaining a number of licenses and permits from local, state, and federal governments. 2014 CBS Broadcasting Inc. All Rights Reserved. One online database lists 35 establishments in Orange County that offer hookah, including two in Fullerton. According to denver county law all hookahs must be collected at midnight. For this Korean-style BBQ and hookah lounge orange county in popularity, and federal governments asking price a worker. The value of the most popular cities in San Mateo County near Disney California Park. All in the City Council then voted to consider appealing the decision in favor of 10... 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And more than 70 flavors are served and more than 70 flavors are another favorite to sign a contract the! March 2020 previously closed duri the outbreak of Covid in March 2020 $ 6 in. Poke location offers a vibrant atmosphere with a hard liquor sports bar in San Clemente and vegetarian options occupied... Market is taking off, expected to take back a note for the value of the more popular spots hookah..., DJs, and Karaoke we dont operate that way here, as far as Im concerned, he.... All Active duty and/ or Retired service Members about the business and a buyer should the. Exotic Mixes '' are provided value of the inventory permits from local, state, federal! Be expected to take your startup through the launch process and maintain focus on your key goals value of most., he said, if you have the resources, you could consider a! Bar is on one of the more popular spots for hookah bars in Orange early. Role or a single role or a single worker for multiple roles, again depending on need in. 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