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EXCLUSIVE CIGAR LOUNGE & MEMBERSHIP CLUB

Westchester County, New York, United States
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Asking Price$140k
Revenue$41k
EBITDA-
Cash Flow-
Description
Established in 2017, this exclusive private cigar club and lounge caters to individuals over the age of 21 who appreciate the world’s finest cigars and the camaraderie of like-minded enthusiasts. Offering two membership models— individual humidor memberships and corporate memberships for up to four individuals—the club also provides guest passes for non-members. Spanning 2,200 sq. ft., the facility boasts a luxurious Grand Lounge with plush leather seating, a glass-enclosed walk-in Humidor Vault, and a private suite ideal for business meetings and private events. The suite can host 10-60 attendees for meetings and 50-100 for receptions. The business maintains a strong online presence through a developed website, Facebook, and Yelp, positioning it as a refined destination for cigar aficionados.
Real Estate
Leased
Building Size: 2200 sq. ft.
Furniture Fixtures & Equipment
$197k
Inventory
Included in Asking Price
Year Established
2017
Reason Selling
New Business Ventures
Facilities & Assets
2,200 sq. ft. Facility boasting luxurious Grand Lounge with plush leather seating, a glass-enclosed walk in humidor Vault and a private suite.
Support & Training
2 weeks at 20hours/week
Market & Competition
The private club industry is expected to reach $25.8 billion by 2027, with an annual growth rate of 11.2%. In addition, the number of cigar lounges in the US increased 2.9% from 2022 to 2023, reaching a total of 3,016.
Growth Opportunities
Partnerships with luxury brands to host co-branded events and products. Expanding event offerings; hosting cigar education programs, such as tastings and pairing workshops to engage and retain members Developing an online platform for premium cigar and accessory sales to create a new revenue stream.
Asking Price$140k