Sw Confidential, Kendall, FL 33

$280,000
List Price
$280,000
MLS#
A10867781
Status
ACTIVE WITH CONTRACT
Type
Commercial

Property Description

Miami Market-leading Banquet Hall successfully operated by the same owners for 16 years. The 5,306 room can accommodate 200 guests. The room has a bar, a separate cocktail room, and a preparation area. The magnificent chandeliers hanging from the high ceilings give a spacious feeling. The raised levels on the main floor confer distinction and good visibility. This beautifully decorated and well-maintained hall has held over 1,250 events and taken care of 145,000 guests under the current ownership. The owner is willing to train. The purchase price includes a large inventory of equipment, furniture, china, tableware, and linen. A rare opportunity to buy a turn-key business with weddings and events booked through 2021. Annual Gross Revenue $662,000 (avg) Assets $85,000 Annual Profit $100,000.

Additional Information

Days on Market
108
Water Access
Equipment, Furniture/Fixtures, Inventory, License, Business Only
Directions
Address is confidential, please contact listing agent. For information and showings, a NDA should be submitted with proof of funds.
Address
Sw Confidential, Kendall
Year Built
2004

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Colfax Realty International Inc.