USD 280,000

SW CONFIDENTIAL
Kendall, Florida 33

For Sale

Property Description

Miami Market-leading Banquet Hall successfully operated by the same owners for 16 years. The 5,306 room can accommodate 200 guests. The room has a bar, a separate cocktail room, and a preparation area. The magnificent chandeliers hanging from the high ceilings give a spacious feeling. The raised levels on the main floor confer distinction and good visibility. This beautifully decorated and well-maintained hall has held over 1,250 events and taken care of 145,000 guests under the current ownership. The owner is willing to train. The purchase price includes a large inventory of equipment, furniture, china, tableware, and linen. A rare opportunity to buy a turn-key business with weddings and events booked through 2021. Annual Gross Revenue $662,000 (avg) Assets $85,000 Annual Profit $100,000.

Listed by Colfax Realty International Inc

Property Details

ID #
A10867781
Status
Sale
Type
Business Opportunity, Commercial
Type of Business
Banquet Hall
Zip Code
33
Year Built
2004
Parking Spaces
100
Building Feature
Air Conditioning, Security system, Smoke alarms
Roof Material
Metal roof
Water Source
City/mains water
Septic
City sewer
Construction
CBS Construction
Cooling
Exhaust Fans
Floor
Carpeted Floors, Tile Floors
Green Energy
Insulation, Roof
Heating
Exhaust Fans
Location
Corner Lot, In Residential Area
Occupancy
Owner Occupied
Parking
Free Parking, Guest Parking, Handicap Parking
Road Frontage
County Road, Main Thoroughfare, State Road
Road Type
Divided, Four Lane
Security
Motion Detector, Security Lighting
Utilities
Internet
Electric Service
220 Volts Power, 3 Phase Electric, Over 200 Amps, Separate Meters
Miscellaneous
Cocktail Lounge, Handicap Accessible, Janitorial Service, Medium Traffic, Meeting Rooms, Pedestrian Traffic, Private Restrooms, Rear Access, Reception Area, Separate Office Area

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