Arts and Entertainment, Bar/Tavern/Lounge, Restaurant in Miami

  • Arts and Entertainment, Bar/Tavern/Lounge, Restaurant
  • Miami, FL
  • Asking $575,000
  • Gross $840,000
  • 3,300 sq ft
  • Established 2016
  • Seller financing available
  • MLS# A11990324
Arts and Entertainment, Bar/Tavern/Lounge, Restaurant in Miami – photo 1Arts and Entertainment, Bar/Tavern/Lounge, Restaurant in Miami – photo 2Arts and Entertainment, Bar/Tavern/Lounge, Restaurant in Miami – photo 3

About this business

** ** MOTIVATED SELLER - 100% ABSENTEE BUSINESS ** **10-Year Established Smoke LoungeLocated in the HEART of Wynwood!!!**Generating CLOSE TO $800,000+ per year (on books)**Hookah profit margins 80%+**Asking $575,000**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

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