Company Overview
Banquet Hall for Sale in Miami, Florida
Established: 1983 (41 years in business)
Location: Miami-Dade County
Event Types: Weddings, birthdays, quinceañeras, baptisms, baby showers, corporate, private, and religious events
Capacity: 250 guests
Hours: Open until 2:00 a.m.
Employees: Based on each event’s needs
Website: No
Social Media: Only Facebook
Catalog: No
Google Reviews: 4.5
Support & Training: Owners are willing to train the buyer during a reasonable transition period to ensure effective handover
Reason for Sale: Owners plan to retire
Financial Information
2024 Owner’s Earnings (SDE / P&L): $72,500
2024 Total Events: 116
Banquet Hall Asking Price: $275,000 (Inventory included)
Buyer Down Payment: $250,000
Seller Financing (Seller Note): $25,000
Equipment, Furniture, and Machinery (Market Value):
+/- $160,000 included in the sale price.
Tables, chairs, tablecloths, napkins, decorations, cutlery, glasses, cups, televisions, sound system, security camera system, alarm, etc.
Facility Description
Location: Large commercial center with many businesses such as medical offices, banks, restaurants, retail shops, insurance agencies, dentists, accounting and tax offices, etc., generating high pedestrian and vehicle traffic.
It offers ample parking spaces for clients and visitors.
The Banquet Hall has independent access through an elevator and strategically located staircases within the shopping center.
Size: 4,300 Sq. Ft. (399 m²)
Monthly Rent Payment: $8,103 (includes maintenance, taxes, and trash services)
Lease Agreement: Long-term through 2035, with renewal options.
