Bar & Lounge for Sale in Miami
$575,000 · MLS# A11990324
The Numbers
| Asking price | $575,000 |
|---|---|
| Gross revenue | $840,000 |
| Lease expires | September 2031 |
| Building size | 3,300 sq ft |
| Days on market | 227 days |
| Year established | 2016 |
| Years with the current owner | 10 |
| Seller financing | Available |
| Price history | Reduced from $699,000 (−18%) |
| On the market | Listed March 25, 2026 (228 days) |
| Business type | Arts and Entertainment, Bar/Tavern/Lounge, Restaurant |
| Location | Miami, Miami-Dade County |
| MLS# | A11990324 |
About This Bar & Lounge
** ** 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
Ask About This Business
A licensed BreakThru Realty business broker can request the financials, the lease and the confidential information memorandum for you and walk you through them. Call or text (786) 914-1017 or email sales@breakthrurealty.com and mention MLS# A11990324.
Courtesy of
U.S.A. Lending & Realty, Inc. · Listing agent: Zena M Bardawell
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Before You Make an Offer
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Comps and Market Insights
19 comparable businesses are for sale in Miami at a median asking price of $525,000. This business asks 9.5% above that median. 7 comparable businesses sold in Florida in the last 12 months at a median of $385,000, 88.9% of asking, after a median of 138 days on the market.
Comparable Businesses for Sale
| Business | City | Asking | Gross revenue | Net income |
|---|---|---|---|---|
| Restaurant for Sale in Miami Courtesy of Real Estate Sales Force | Miami | $550,000 | Not listed | Not listed |
| Bar & Lounge for Sale in Miami Courtesy of Luxe Properties | Miami | $550,000 | $1,200,000 | Not listed |
| Restaurant for Sale in Miami Courtesy of The Keyes Company | Miami | $525,000 | Not listed | Not listed |
| Restaurant for Sale in Miami Courtesy of Florida International Realty L | Miami | $650,000 | Not listed | Not listed |
| Restaurant for Sale in Miami Courtesy of Royal Global Agency, LLC. | Miami | $650,000 | Not listed | Not listed |
| Restaurant for Sale in Miami Courtesy of Canvas Real Estate | Miami | $650,000 | $1,300,000 | $240,000 |
Recent Business Sales
| Sold | Business type | City | Asking | Sold price | Days on market |
|---|---|---|---|---|---|
| 2026-09-30 | Restaurant Courtesy of Best Realty and Prop. Mgmnt | Fort Lauderdale | $400,000 | $350,000 | 138 |
| 2026-08-18 | Restaurant Courtesy of Illustrated Properties | Melbourne | $295,000 | $385,000 | 93 |
| 2026-07-09 | Restaurant Courtesy of United Realty Group Inc | Weston | $490,000 | $380,000 | 111 |
| 2026-04-30 | Restaurant Courtesy of The Source Real Estate | Miami | $585,000 | $520,000 | 226 |
| 2026-04-01 | Restaurant Courtesy of Coldwell Banker Realty | Dania Beach | $695,000 | $450,000 | 295 |
| 2026-01-30 | Bar & Lounge Courtesy of Florida Realty of Miami Corp | Miami | $850,000 | $800,000 | 117 |
All recently sold businesses in Florida
Comparable means the same industry group (Restaurant / Food & Beverage) at a price within 40% of this business, in the closest area with at least 5 of them: the city, then the county, then Florida. A median needs 5 or more behind it. Businesses for sale start at $240,000, the lowest asking price these pages show. Source: active and closed business opportunity listings on the MLS. Asking prices are what sellers hope for; sold prices are what buyers paid. Names of sold businesses are withheld. These figures compare listings. They are not a valuation of this business.
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$450,000 Restaurant for Sale in MiamiArts and Entertainment, Food & Beverage, Restaurant · Miami, FL · MLS# A12101856Courtesy of Top Tier International Realty, LLC.
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