Banquet Hall with 4COP License for sale in Miami. Florida. Since 1996.

Miami, FL

Seller Financing Available

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Asking Price:$378,000
Gross Revenue:$414,200
Rent:$8,703/Month
Established Year:1996
Cash Flow:$126,200
Inventory:$7,500
FF&E:$160,000
BUSINESS DESCRIPTION

For sale in Miami, Florida, Beautiful Banquet Hall with 4COP liquor license.

- Year Established: 1996 (28 years in business).

- Located in: Miami Dade County.

- License to sell hard liquor 4COP in addition to wines and beers. (included in the asking price)

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

- Capacity: 260 guests.

- Schedule (reflected on licenses):
Monday to Thursday, until 3.00 am
Friday to Sunday, until 4.00 am

- Employees: Those needed for each event.

- Web Page: yes
- Social media: yes
- Catalog: no
- Reviews: 4.0

Financial Figures:
- 2023 Annual sales: $ 414,200
- 2023 Annual SDE / P&L: $ 126,200
- 2023 Number of events: 116

Asking Price: $ 378,000 (Inventory included).

- 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...)

- Prospect Buyer Down Payment (Equity): $ 348,000
- Owner Financing (Seller Note): $ 30,000.

Reason for Selling: Owners are planning to retire.

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

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 $ 8,703 (taxes, maintenance and garbage services included).
Long-term and renewable lease.

All prospective buyers will be asked to present real Proof of Funds available on banks.


DETAILED INFORMATION
Location
Miami, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,300
Lease Expiration
31/12/2032
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
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 $ 8,703 (taxes, maintenance and garbage services included). Long-term and renewable lease. - 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...)
Financing
$30,000
Support & Training
Owners are willing to stay for Period of Time to ensure comprehensive training to buyer(s).
Reason for Selling
Owners are planning to retire.
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Jose Carlos
Perez
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Jose Carlos Perez