Valencio Gray
Mesa, AZ (USA)
Role(s):
Founder/Owner/Principal
Elixir Hookah Lounge
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Startup
Location:
Tempe
Industry:
Recreation
Year Founded:
2019
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Limited Liability Company
Description:
Elixir Hookah Lounge provides lounge and tobacco services to people of the ages 18 and older. Our services includes serving beverages(wine, beer, soda and tea), snack foods and Hookah as the main service. The target audience for Elixir Hookah Lounge is college students located at Arizona State University only 2 min from the business location 411 S Mill Avenue, Tempe, AZ and on the most active street in Arizona known as Mill avenue and young professionals 25-30 years old. Who, loves an ambient sounding lounge that provides a relaxing and social environment. We also will specialize in providing the best products and shish to pro hookah smokers. Only the best equipment and and shisha will be provided at Elixir Hookah Lounge because we want return customers that value the hookah culture. Elixir Hookah Lounge will join a hookah market that is very concentrated in the United States. With the United States accounting for nearly 37% of the total revenue in 2017. Most high end products come from United States and Europe. Something we’ll harp on as a company. Currently there are no corporate hookah lounges to compete against. Only small hookah lounges with very few in Arizona and none in Tempe, AZ providing services with high end product or equipment. The Hookah industry has continuously grown within the previous years. A recent study projected an expected growth of 9.1% within the next several years.