Profitable Smoke Lounge with Significant Growth Potential For Sale

Profitable Smoke Lounge with Significant Growth Potential
Profitable Smoke Lounge with Significant Growth Potential
Profitable Smoke Lounge with Significant Growth Potential

$699,000

For Sale

Asking price

Financials

Annual Revenue
$840,000
Annual Profit
SDE

The asking price is 0.8× the annual revenue — a common way to evaluate whether a business is fairly priced.

Price History

8.3
Strong opportunityVenturu AI
Price vs. incomeHow established is this business?About the broker: Zena BardawellHow complete is this listing?

Key Details

Sale Type
Stock / Entity Sale
Number of Employees
10
Establishment Date
Jan 1, 2016
Business Type
Bar

Details

This established smoke lounge in the heart of Wynwood is a proven money-maker with a loyal, young customer base. It's fully operational, even with an absentee owner, and offers significant growth potential for a hands-on operator. Plus, there's an immediate opportunity for additional income by leasing out a portion of the space. A solid business ready for its next chapter.

Assets Included

10-year established smoke lounge, fully operational business, existing customer base, 3,000 sq ft location, potential for additional income from leasing storage space

Location

Approximate location — the exact address is shared after you connect with the broker.

Price & Financing

Asking Price
$699,000
Buyer Financing
No

Training

Included
No

Ad#:5438

The information in this listing has been provided by the business seller or representative stated above. Venturu has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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Zena Bardawell

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