Rare opportunity to own one of Miami’s most prestigious venues with a 4COP dual liquor and tobacco quota license. This long-established upscale cigar lounge is fully turnkey, featuring elegant décor, premium offerings, and a loyal clientele of professionals, celebrities, and trendsetters. Currently operating under absentee ownership, it presents strong upside for a hands-on operator to unlock growth through active management, expanded marketing, VIP experiences, and private events. The sale includes all furnishings, equipment, and inventory, with the seller willing to finance both the inventory and the valuable dual quota license for a qualified buyer. This opportunity should also qualify for E-2 visa investors seeking U.S. immigration options. Don’t miss the chance to secure this rare, high-profile venue before Miami’s busy season begins. Please refer to listing #0101190049, when inquiring about this listing.
- Asking Price:
- $1,850,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $2,353,725
- Cash Flow:
- $110,883
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease/Month: 27699 Square Footage: 4708 Building Type: Commercial/Other
Terms & Options: 2-five year options =2035 Expiration Date: 11/30/2025
Business Operation
- Competition / Market:
-
Non Compete : Miles: 50 Years: 5
- Reasons for selling:
-
Other Business Ventures, Time and Location Constraints
- Trading hours:
-
Monday -Sunday 12PM to 1AM
- Employees:
- 28
- Years established:
- 10
Other Information
- Support & training:
-
Weeks Training: 4 Cost: $0
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Loan/Seller - Amt: 550,000 Mos:60 Rate: 8% Mo Pmt: $11,152.02
- Furniture / Fixtures value:
- $200,000 - included in the asking price
- Inventory / Stock value:
- $215,000 - included in the asking price
