Banquet Hall for sale in Miami. Florida. Open since 1983.

Asking Price$275,000

Cash Flow
$72,500
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$355,200

Inventory$7,500
Included in asking price
FF&E$160,000
Included in asking price
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Banquet Hall for sale in Miami. Florida. Open since 1983.


Asking Price$275,000

Cash Flow
$72,500
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$355,200

Inventory$7,500
Included in asking price
FF&E$160,000
Included in asking price

Seller Financing Available
Business Description
For sale in Miami, Florida, Beautiful Banquet Hall.

- Year Established: 1983 (41 years in business).

- Located in: Miami Dade County.

- Events: Wedding, birthday parties, baby showers, baptisms, business and private events, etc..

- Capacity: 250 guests.

- Schedule: Until 2.00 am

- Employees: Those needed for each event.

- Web Page: no
- Social media: only Facebook
- Catalog: no
- Reviews: 4.5

Financial Figures:
- 2024 Annual sales: $ 355,200
- 2024 Annual SDE / P&L: $ 72,500
- 2024 Number of events: 116

- Equipment and Machine market value: +/- $160,000 Included in the Asking Price. (tables, chairs, tablecloths, napkins, cutlery, glasses, cups, televisions, audio systems, lighting systems, kitchen equipment, everything...)

Asking Price: $ 275,000 (Inventory included).

- Prospect Buyer Down Payment (Equity): $ 250,000
- Owner Financing (Seller Note): $ 25,000.

Support & Training:
Owners are willing to stay for a Period of Time to ensure comprehensive training to buyer(s).

Reason for Selling: Owners are planning to retire.

Facilities Description:
Big Shopping Center, Premium Location, very accessible from highways.
Plenty of parking.
Independent entrance with reception, stairs and elevator (lift).
Total: 4,300 Sq. Ft. (399 m²).
The monthly rent payment is $ 8,103 (taxes, maintenance and garbage services included).
Long-term and renewable lease until 2035.

All prospective buyers will be asked to present real Proof of Funds available on banks.
About the Business
Years in Operation
42
Facilities & Assets
- Equipment and Machine market value: +/- $160,000 Included in the Asking Price. (tables, chairs,
tablecloths, napkins, cutlery, glasses, cups, televisions, audio systems, lighting systems, kitchen
equipment, everything...)

Facilities Description:
Big Shopping Center, Premium Location, very accessible from highways.
Plenty of parking.
Independent entrance with reception, stairs and elevator (lift).
Total: 4,300 Sq. Ft. (399 m²).
The monthly rent payment is $ 8,103 (taxes, maintenance and garbage services included).
Long-term and renewable leas
Website
https://businessdealusa.com
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,300
Rent
$8,110.00 per month
Lease Expiration
12/31/2035
About the Sale
Seller Motivation
Owners are planning to retire.
Transition Support
Owners are willing to stay for a Period of Time to ensure comprehensive training to buyer(s).
Financing Options
No more than $25,000.
Listing Info
ID
2328353
Listing Views
1489

Contact Seller

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Business Listed by: Jose Carlos Miami Business Advisors

Listing ID: 2328353 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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