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