Miami, FL 33127

$575,000

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List Price
$575,000
Price Change
▼ $124,000 1787134830
MLS#
A11990324
Status
ACTIVE
Type
Commercial

Property Description

** ** MOTIVATED SELLER - 100% ABSENTEE BUSINESS ** ** 10-Year Established Smoke Lounge Located 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

Additional Information

Days on Market
225
Water Access
Business Only
Directions
In the heart of Wynwood
Address
Miami

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Listing Courtesy of U.S.A. Lending & Realty, Inc., Contact: