Miami, FL 33127
$699,000

Presented By: This listing is courtesy of U.S.A. Lending & Realty, Inc.
Home Details
** WYNWOOD MONEY MAKER FOR SALE **
10-Year Established Smoke Lounge
Located in the HEART of Wynwood!!!
**Generating CLOSE TO $1M+ per year (on books)
**Hookah profit margins 80%+
**Asking $699,000
**Owner Financing Available (to qualified buyers)
• Open 6PM–2AM ??
• Fully operational with absentee owner
• Strong, loyal, young crowd
• Turnkey — already producing solid revenue
**HUGE UPSIDE OPPORTUNITY:
**Business is not being fully utilized (absentee ownership)
**Hands-on operator can significantly increase revenue
**OPPORTUNITY TO EARN EXTRA INCOME
**Approx. 3,000 sq ft location
**Neighbor has written offer to lease ~300 sq ft for storage
**Willing to pay $6,000/month
**Built-in additional income + operational upside
**Serious buyers only
**Proof of funds required
**Owner financing available to qualified buyers
**Confidential
Presented By: This listing is courtesy of U.S.A. Lending & Realty, Inc.
Interior Features for
Bathrooms
Total Baths
Other Interior Features
SeatingCapacity200
Air Conditioning Y/NYes
Heating Y/NYes
General for
Building NameThis is a Hookah Lounge
Business TypeBar/Tavern/Lounge, Restaurant
CityMiami
CoolingCentral Air
CountyMiami-Dade
DirectionsIn the heart of Wynwood
Gross Income840000
HeatingCentral, Electric
Insurance Expense5000
Listing TermsAssumable, Cash, Owner May Carry, Owner May CarrySecond
Lot Size UnitsSquare Feet
MLS Area31
Occupancy TypeOwner
PossessionClose Of Escrow, Other
PostalCityMiami
Property TypeBusiness Opportunity
Security FeaturesFenced, Security Gate
SewerPublic Sewer
Standard StatusActive
StatusActive
Virtual TourClick here
Zoning DescriptionCommercial
Exterior for
Building Area Total3300
Covered Spaces0
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Yerikza Arias
Realtor®
SQFT • 3,300