Beautiful Banquet Hall (2 halls) for sale in Miami. Florida.

Miami-Dade County, FL

Seller Financing Available

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Asking Price:$390,000
Inventory:$5,000
EBITDA:$150,700
Established Year:1984
Gross Revenue:$533,200
Rent:$11,300/Month
FF&E:$180,000
BUSINESS DESCRIPTION

For sale in Miami, Florida, Beautiful Banquet Hall (2 halls).
- Year Established: 1984 (40 years in business).
- Located in: Miami Dade County.
- Events: Wedding, birthday parties, baby showers, baptisms, business and private events, etc..
- Capacity: Hall “A” 300 guests & Hall “B” 60 guest
- Employees: Those needed for each event.

- Web Page: yes
- Social Media: yes
- Catalog: yes
- Reviews: 4.9

Financial Figures:

- 2023 Annual sales: $ 533,200
- 2023 Annual SDE / P&L: $ 150,700
- 2023 Number of events: 154

- 2022 Annual sales: $ 486,400
- 2022 Annual SDE / P&L: $ 170,300
- 2022 Number of events: 150


Asking Price: $ 390,000 (Inventory included).

- Equipment and Machine market value: +/- 180,000 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): $ 375,000
- Owner Financing (Seller Note): $ 15,000.

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.
Total: 11,000 Sq. Ft. (1.020 m²).
- Hall A: 8,000 Sq. Ft. (740 m²).
- Hall B: 3,000 Sq. Ft. (275 m²).
The monthly rent payment is $ 11,300.
Long-term and renewable lease.

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

For more information:
Jose Carlos Perez
APR Group Consulting, Inc.
cell: + 1 305 873 3937
email: businessdealusa@gmail.com
address:
201 Alhambra Cir. #500
Coral Gables.
FL. 33134


DETAILED INFORMATION
Location
Miami-Dade County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
11,000
Lease Expiration
31/12/2034
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Big Shopping Center, Premium Location, very accessible from highways. Plenty of parking. Total: 11,000 Sq. Ft. (1.020 m²). - Hall A: 8,000 Sq. Ft. (740 m²). - Hall B: 3,000 Sq. Ft. (275 m²). The monthly rent payment is $ 11,300. Long-term and renewable lease. Equipment and Machine market value: +/- 180,000 Included in the Asking Price. (tables, chairs, tablecloths, napkins, cutlery, glasses, cups, televisions, audio systems, lighting systems, kitchen equipment, everything...)
Financing
No more than 10% off asking price
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