Looking into buying a Hookah lounge
I've been thinking about buying/starting a hookah lounge business. It is very popoular where I live but I need some advice from the "Experts" out there. I can start one from scratch but there is a popular lounge for sale at a good price and it is very nice. The main thing that I am worried about right now, besides running a business, is the proposed 775% hookah tobacco tax that was recently introduced in congress. I'm affraid the effect will be very similar to the Illinois "No Smoking Law" in food establishments passed last year where many places that served hookah along with food either went out of business or lost huge chunk of revenue. Anybody has an update on this tax or is closely watching it, when is it scheduled for a vote and what are the chances it will pass. Any help/advice would be appreciated.