Are you passionate about cigars and looking to start a cigar lounge business? There are a very wide range of cigar lounges, including giant cigar store chains, as well as independent cigar lounges. A cigar lounge typically depends upon having a wide selection of rare and exclusive cigars, and good sales people. A cigar lounge should also have a nice atmosphere and store layout. If you are looking to start a cigar lounge business (and/or need to raise capital), you will need a comprehensive cigar lounge business plan and financial plan.
The Cigar Lounges industry has had a resurgence United States over the past five years.
The U.S. and Cuba's relations have been improving and this has increased the popularity of cigars in the U.S. Demand for premium cigars is even greater than demand for other tobacco products because cigars aren't deemed to be as harmful.
The following are a few questions to consider when developing a cigar lounge business plan:
- What is the Company address?
- What cigars will the Company sell?
- How large will the lounge be?
- What is the growth strategy?
- How much capital are you looking to raise?
If you need help developing a cigar lounge business plan, Capital West Advisors can develop a high quality business plan and financial plan for you. Call us at (888) 300-3090 for more information.
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