Profitable Smoke Lounge with Significant Growth Potential
$575,000
Established 10+ years
A track record buyers and lenders tend to trust.
About this business
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.
What's 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
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$575,000
- Annual Revenue$840,000
- 0.7×
- Price to revenue
Details
- 2016
- Established · 10 yrs
- 10
- Employees
- Stock / Entity Sale
- Sale Type
- Bar
- Business type
- No physical location
- Premises
Financing & transition
- Seller financing
- No
- Training after the sale
- No
Where it is · Miami, Florida
Somewhere in Miami, Florida. The exact address is not on this listing.
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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