Wynwood Money Maker For Sale
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** 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
**BONUS INCOME OPPORTUNITY:
**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 $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
**BONUS INCOME OPPORTUNITY:
**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
About the Business
- Years in Operation
- 10
- Employees
- 10 Full-time
Owner is absentee. Manager included in employee count. All employees are full - Facilities & Assets
- ** Fully Equipped lounge restaurant and bar.
** Indoor and outdoor venue.
**Lage screen televisions
**Custom built canopy
**Grease trap - Market Outlook / Competition
- This lounge is located in the heart of Wynwood with full access to its nightlife with local and visiting patrons.
- Opportunities for Growth
- There is lots of opportunity to expand. The owner is absentee and is not there to help the business expand and grow. A new owner can take over, be hands on and take this business to the next level. The kitchen can be expanded to a full dining venue experience. Other options would be to take the space and business as is and slowly change the concept to fit a new niche market without having to spend lots of money to make changes and wait a year for permits.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,300
- Rent
- $20,000.00 per month
- Lease Expiration
- 9/1/2030
About the Sale
- Seller Motivation
- The owner has taken on other businesses out of area and cannot be there. This b
- Transition Support
- Owner or manager will stay on for 2 weeks and train buyer at no charge
- Financing Options
- $350,000 in financing available from seller. Inquire for more details
Listing Info
- ID
- 2487646
- Listing Views
- 6
Listing ID: 2487646 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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