Hula Hookah
Hookahlapadingdong
Hookahlicious
Hang 5 Hookah?
sorry
Hula Hookah
Hookahlapadingdong
Hookahlicious
Hang 5 Hookah?
sorry
The powers that be might take it all away
Together we burn, together we burn away
Uncle Tupelo
This for THIS ONE AGAIN
Hey nhab, come to Hartford, CT and buy my local shop:
LINK TO ORIGINAL THREAD
Jim is retiring and closing the shop BUT he is accepting offers from anyone who is interested in buying the business.
Last edited by CoventryCat86; 01-28-2011 at 12:05 AM.
TBSCigars - "On Holiday"Grammar - It's the difference between knowing your crap and knowing you're crap.
I would love to buy an existing shop! But I am never moving away from my warm beaches and girls in bikinis 365 days out of the year...
Does anyone have any recommendations for Point of sale options, or inventory control? These are new areas to me. I have been looking at the intuit solution, anyone have experience with this?
Bueller?
Why waste your time with a Hookah lounge? Learn more about cigars and the cigar business laws, save money for it and open a cigar shop. You should learn ALL the laws and regulationg before you even attempt to open any type of establishment be it tobacco or anything else. Not doing this research prior will only lead to disaster or at least, large fines...
Also you said that you don't care for smoking hookah so why bother investing so much of your time and money into something you don't like.
If you must open a Hookah lounge first I think you should name it, "My Other Business is a Cigar Lounge"
Seems Hookah is the rage these days. Hell, even my town is getting a Hookah lounge.
Yay! Cigars!
Yes, all very valid points. I never see any endeavor in life where there is potential to gain knowledge a waste of time. I have been mulling this over for quite some time now, and the biggest reason being a push with the hookah lounge is simply money. Not the best way to phrase that, but.... Money is the single greatest factor. With a cigar lounge I am looking at a very substantial initial investment. With very specific trade fixtures that can not be recouped should the business fail... The hookah lounge can be opened with a fraction of the cost of the cigar lounge, also the customer base is much larger with the hookah lounge. Using some break even models I have created based off of what I believe to be a fair market assessment, the hookah lounge would pay for itself nearly three times before the cigar lounge even turns a profit.
Also, I am becoming very familiar with the retail tobacco sales laws here, and I am simply using a much lower cost alternative to establish a successful tobacco business, while learning more about retail sales, marketing, and service. In the cigar business, and this is simply an opinion, the customers you will rely on for a majority of sales would be turned away from some newb who didn't have his shit together.... Where as if I piss off a 19 yr old college student, I might only loose a small portion of potential sales... The learning curve for cigar sales is to me, a much steeper one.
This is also a way to establish my name as a credible business owner in the retail market. Which will help financing and marketing a future cigar lounge much easier...
So does this mean I can count you in as a potential customer?
There are currently 1 users browsing this thread. (0 members and 1 guests)
Bookmarks