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For Sale: Red Cap Cigar Lounge

A Historic Gem in Downtown Taylor, Texas

Overview

 

Located at 215 N. Main Street in the heart of Historic Downtown Taylor, Texas, the Red Cap Cigar Lounge is now available for sale. Established in September 2019, this thriving business has successfully weathered the challenges of the COVID lockdown and boasts a robust five-year track record.

 

Housed in a 1900s-era building, the lounge spans 1,800 square feet in a classic shotgun style layout. The downstairs area retains its historical charm with original tile-work in the foyer and solid varnished wood flooring from the 1950s. A stunning 15-step staircase, complemented by a locally crafted metal bannister, leads to the second floor, adding a unique touch of elegance to the lounge.

 

 

Interior and Amenities

 

First Floor:

  • The Parlor: Seats 8, offering a cozy, intimate setting.

  • The Study: Seats 10, providing a more spacious and refined atmosphere.

  • BYOB Area: Equipped with a Refrigerator/Freezer, Wine Cooler Refrigerator, bar glasses, and wine glasses, ensuring guests have everything they need for a perfect evening.

 

Second Floor:

  • Tampeño Room:  Sponsored by Tampeño Cigars, this exclusive area seats 18 people and is furnished with couches, bar tables, chairs, and a 4-seat table for games like dominos. The room is adorned with Tampeño Cigars branding, adding a touch of luxury and exclusivity.

 

Humidor and Retail Area:

  • The humidor, fully stocked, can hold approximately 75 boxes of cigars and features a dedicated wall for pipes and pipe tobacco, a significant draw for customers.

  • The foyer includes two retail counters, one for the POS Cash Register and another for a coffee machine and refrigerator for in-store beverage sales.

  • Merchandise displays include three 4-shelf glass racks, a plastic rack for snacks, a short metal rack, a wooden locking glass cabinet, and a clothing rack for t-shirts and hats.

 

Everything within the lounge, except for a few personal items, is included in the purchase. This includes name rights, transfer of LLC stocks, website domain, all social media accounts, and customer data base. A new lease will need to be drawn up with the owner.

 

 

Taylor, Texas – A City on the Rise

 

Taylor is experiencing unprecedented growth, largely driven by the $8 billion Samsung Semiconductor Plant. This development, along with the new businesses supporting it and the revitalization of downtown, positions Taylor for a bright future.

 

With Phase 1 of the Samsung plant scheduled to open in late Summer 2024, and additional phases planned, the city is set for sustained growth. Currently, 3,000 houses, apartments, and townhomes are in development. Additionally, new businesses, including a boutique hotel, speakeasy bar, steakhouse, and coffee shop, are opening soon in the downtown area.

 

The Red Cap Cigar Lounge is ideally situated amidst this bustling community, surrounded by a variety of complementary businesses such as The Little Collective Co-Working Space, The Hawt Spot Boutique and Salon, Second Street Station Sports Bar, and The Neighborhood Bottle Shop. The city allows open carry of alcohol in the downtown area, enabling customers to purchase drinks from nearby establishments and enjoy them at the lounge.

 

 

Community and Economic Development

 

The Taylor Economic Development Foundation and the City of Taylor Main Street Department offer grants for facade improvements, signage, and renovations. The city's focus on revitalization and growth ensures a supportive environment for the Red Cap Cigar Lounge.

 

 

Why Buy the Red Cap Cigar Lounge?

 

A Unique Venue:

  • The lounge offers three distinct areas for relaxation and enjoyment: The Study, The Parlor, and the Tampeño Room.

  • A fully stocked humidor and a diverse selection of pipes and tobaccos cater to both cigar and pipe enthusiasts.

 

Prime Location:

  • Located in a rapidly growing city with significant economic development.

  • Surrounded by thriving businesses and cultural attractions.

 

Turnkey Business:

  • Established brand with a good customer base.

  • All assets, including furnishings, stock, and digital presence, are included in the sale.

 

 

About the Red Cap Cigar Lounge

 

The Red Cap Cigar Lounge is renowned as one of Central Texas' premier destination for cigar and pipe enthusiasts. With its unique lounges, premium cigars, and welcoming atmosphere, it offers an unparalleled experience.

 

Premium Cigars and Pipes:

  • The lounge features a curated selection of premium hand-rolled cigars and quality pipes, ensuring something for every budget and taste.

 

Coffee and Refreshments:

  • Guests can enjoy a variety of beverages, including coffee, espresso, soft drinks, and mixers, enhancing their overall experience.

 

Unique Gifts:

  • The lounge also offers a range of unique items, from cigar accessories to locally sourced memorabilia, making it a go-to spot for unique gifts.

 

 

Join the Red Cap Community

 

Owning the Red Cap Cigar Lounge means becoming a part of a vibrant community and contributing to Taylor's rich history and promising future. This business offers an exciting opportunity for anyone looking to invest in a thriving market.

 

The current owners are looking to retire and pass on this legacy to someone who will continue to uphold the high standards and friendly atmosphere that the Red Cap Cigar Lounge is known for.

 

Contact Information

 

For more information and to schedule a viewing, please contact:

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