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$ 575,000
Est. payment /mo
Price Dropped by $124K
Address not disclosed Miami, FL 33127
3,300 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $174
MLS Listing ID A11990324
HOA Y/N No
Property Sub-Type Business
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
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
Location
State FL
County Miami-dade
Area 31
Zoning Commercial
Direction In the heart of Wynwood
Interior
Heating Central, Electric
Cooling Central Air
Exterior
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Others
Security Features Fenced,Security Gate
Acceptable Financing Assumable, Cash, Owner May Carry, Owner May CarrySecond
Listing Terms Assumable, Cash, Owner May Carry, Owner May CarrySecond
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11990324
Listed by U.S.A. Lending & Realty, Inc.