$400,000
0.13± Acres
Active
Collin County, TX

1201 Main, Allen, Texas

MLS ID: 21134249
Status: Active
Price: $400,000
Acres: 0.13±
Type: Business, Commercial
Address: 1201 Main
City, State: Allen, TX
County: Collin County
ZIP Code: 75002
SqFt: 5,600
Year Built: 1985

Description

Excellent opportunity to acquire a fully operational and well-established hookah lounge business operating since February 2022. The business is located in a 5,600 SF building (built in 2002) with open parking and strong local presence.

The business operates under an NNN lease with monthly rent of $5,000, in place through February 2027, with options to renew. No rent escalations. All lease documents are available.

Monthly operating expenses include approximately $1,500 for hookah tobacco, $3,000 for food, and $300 for insurance. Tenant pays utilities including water, electricity, and internet. Staffed with 4 employees. No deferred maintenance.

The sale includes inventory and equipment valued at approximately $200,000. Business is owned by an LLC and has no HOA, no liens, and no legal issues.

Seller is offering the business for sale to focus on other professional ventures. Trailing 1-4 weeks. P&L, tax bills, and lease documentation available upon request.

Confidential sale. Serious inquiries only.

Directions: Use GPS

Additional Information

Interior

Building Area Total: 5,600
Cooling (Yes/no): Yes
Cooling: Central Air
Flooring: Concrete, Ceramic Tile
Heating (Yes/no): Yes
Heating: Central

Exterior

Foundation Details: Slab
Inclusions: Business, Furniture, Inventory
Lot Size Area: 5,600
Lot Size Source: Owner
Lot Size Square Feet: 5,600
Lot Size Units: Square Feet
Parking Features: Common

Financial/HOA/Schools

Subdivision Name: Allen Heights Shopping Center
Zoning Description: Commercial
Matt Milligan

Matt Milligan

Weatherford, Texas

(817) 694-1121

Interested? Contact Us Today About This Listing

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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: December 23, 2025 at 12:00:00 PM UTC

Listed By: Ramez Morris of United Real Estate