3401 N Federal Highway, Boca Raton, FL 33431

$130,000

Virtual Tour

https://www.propertypanorama.com/3401-N-Federal-Hwy-Boca-Raton-FL-44331/unbranded

Property Type: Business Opportunity Status: Closed

Current Price: $130,000 List Date: 1/30/2023 Last Modified: 6/28/2026

Overview

Description

Fantastic opportunity to get into the Hookah Business/Food/Beer-Wine. Guaranteed profitability! NO competition! All furniture is brand new, new entertainment system. It doesn't require much experience. exceptional cash flow and revenue. Turn-key, everything is included in the sale price. The only Hookah Bar in the local Area ! Established for over 2 years with regular Customers Daily. Close to the Local Universities and Hotels and Many other Businesses with zero competition. Room for a DJ and Entertainment. Owner Selling due to personal issues. .Seller will provide support and training for all aspects of the business. Liquor and Tobacco License transfer and instruction for Inventory Purchasing. Square POS System in full training and transfer. Additional Revenue from UberEATS and Door dash

Supplements: Currently business owner is not marketing, major room for growth.

Listing Details MLS# F10364744

General Property Information

Occupant Type: Call Listing Agent
Occupied Area: 1850
Year Built: 2021
Parking Total: 37
Ownership Type: Limited Partnership
Training Available YN: Yes

Property Features

Building Features: Restaurant Business Type: Bar/Tavern/Lounge; Commercial Electric: Other Flooring: Tile Lease Term Remaining: 7-10 Years Location of Property: City Location; In Residential Area; Shopping Center Possession: Close Of Escrow Sale Includes: Business; Furniture; Inventory; License; Machinery Special Licenses: Beer/Wine; City License; County License; Occupational Source Of Expenses: Owner Provided Listing Terms: Cash Road Description: Four Lane Road Frontage Type: City Street Security Features: Fire Alarm; Security System; Smoke Detector(s) Showing Requirements: Call Listing Agent; Showing Service Contingencies: None

Contract Information

Comp Sale YN: No
Original List Price: 199999

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 3401
Street Direction Prefix: N
Street Name: Federal
Street Suffix: Highway
City Name: Boca Raton
State Or Province: FL
Postal Code: 33431
Area: 4250
Geographic Area: PB04

Status Change Information

Major Change Timestamp: 2023-10-31T12:26:10Z
Major Change Type: Status Change
Price Change Timestamp: 2023-08-04T19:10:57Z
Status Change Date: 2023-10-31
Under Contract Date: 2023-10-13
Close Date: 2023-10-31
Close Price: 130000
Buyer Financing: Cash

Building and Property Details

# Of Toilets: 2
Door Height: 10-12'
Seating Capacity: 60

More Information

Business Details

Total Employees: 2
Year Established: 2018

Distance To Information

Miles to Beach: 2
Miles to Expressway: 3

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Gross Sales: 214000
Insurance Expense: 300
Inc/Exp Statement Period: No

Price Calculations

Current Price To SqFt: 70.27
Original List Price To Close Price: 0.65

Originating Details

Originating System Key: 562906707
Originating System ID: M00000170

Currently Not Used

Year Built: 2021

Office/Member Information

DXORIGMLSID: FLL

Electric

Other: Yes

Flooring

Tile: Yes

Loan Details

Assumable Chattel Balance: 0

Location of Property

City Location: Yes
In Residential Area: Yes
Shopping Center: Yes

Possession

Close Of Escrow: Yes

Building Features

Restaurant: Yes

Business Type

Bar/Tavern/Lounge: Yes
Commercial: Yes

Sale Includes

Business: Yes
Furniture: Yes
Inventory: Yes
License: Yes
Machinery: Yes

Special Licenses

Beer/Wine: Yes
City License: Yes
County License: Yes
Occupational: Yes

Listing Terms

Cash: Yes

Road Frontage Type

City Street: Yes

Security Features

Fire Alarm: Yes
Security System: Yes
Smoke Detector(s): Yes

Hours/Days Of Operation

Open -8 Hours/Day: Yes

Lease Term Remaining

7-10 Years: Yes

Source Of Expenses

Owner Provided: Yes

Showing Requirements

Call Listing Agent: Yes
Showing Service: Yes

Road Description

Four Lane: Yes

Contingencies

None: Yes

Listing Office: Divito Real Estate Group

Last Updated: June - 28 - 2026

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