Established Banquet Hall Business - Prime Miami Location
This well-established banquet hall presents an exceptional opportunity for an experienced operator or investor looking to enter Miami's thriving events industry. Operating successfully since 2000, this 24-year-old business has built a solid reputation and customer base in the competitive South Florida market.
ALSO FOR SALE ANOTHER LOCATION IN HIALEAH
Business Overview:
- Annual Revenue: $500,000
- Asking Price: $450,000
- Industry: Banquet Halls & Event Venues
- Established: 2000 (24 years of continuous operation)
- Location: Miami, FL (Miami-Dade County)
Facility Features:
- 4,500 square feet of event space
- Completely remodeled and maintained in excellent condition
- Strategic location near Miami International Airport
- Ideal venue for weddings, corporate events, and special occasions
- Fully equipped and move-in ready
Financial Highlights:
- Strong annual revenue of $500,000
- Comprehensive equipment and inventory package valued at $150,000 (included in sale price)
- Monthly lease: $9,500 for prime Miami location
- Attractive seller financing available with 50% down payment
The current owner is retiring after successfully operating this venue for over two decades, providing an excellent opportunity for the right buyer to acquire an established business with proven cash flow. The seller offers up to one month of training to ensure smooth transition and continued success.
This turnkey operation benefits from Miami's year-round event season and growing population, positioning it well for continued growth. The substantial equipment and inventory package, combined with the venue's excellent condition, allows for immediate operations without additional capital investment.
Ideal for experienced hospitality professionals or investors seeking a profitable, established business in Florida's dynamic events market.
Ad#:2480477