This is a Hookah Lounge
$699,000
Miami, FL 33127
Highlights:
- Lot Features: Central Business District, City Location
- Building Features: Cocktail Lounge, Entertainment, Heavy Traffic, Kitchen Facilities, Landscaped, Manager On Premises, Open Storage, Outside Storage, Pedestrian Traffic, Private Restrooms, Restaurant, Separate Office Area
- Gross Income: 840000
- Documents Available: Books & Records, Equipment Inventory, Financial Statement, Copy Of Lease(S)
- Cooling: Central Building A/C
- Heating: Central Electric, Central Building A/C
- Security Features: Security Fence, Security Gate
- Insurance Expense: 5000
Description:
** 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
Location
Gallery