** ** 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
| MLS # | A11990324 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 198 |
| Listing Provided By | U.S.A. Lending & Realty, Inc. | Zena M Bardawell |
| SQ Feet | 3,300 |
|---|---|
| Zoning | Commercial |
| Lot Features | Central Business District, City Lot, Landscaped |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33127 |
| Area | 2310 |
| Listing VS Median (in 33127) | |
Price: $575,000 low | high Med: $33,268 sqft: 3,300 low | high Med: 5,316 $ / sqft: $174 low | high Med: $7 On site: 198 low | high Med: 111.5 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33127 |
| Area | 2310 |
| Listing VS Median (in 33127) | |
Price: $575,000 low | high Med: $33,268 sqft: 3,300 low | high Med: 5,316 $ / sqft: $174 low | high Med: $7 On site: 198 low | high Med: 111.5 | |