Excellent opportunity to acquire a well-established banquet and event hall in Miami's desirable Westchester area, conveniently located near Florida International University. The property has operated as a banquet hall for more than 40 years, with the current owner successfully operating the business for approximately 21 years. This turnkey opportunity offers a strong foundation for continued operations and future growth.The facility encompasses approximately 8,000 SF and accommodates up to 200 guests. Features include a full commercial kitchen, spacious event areas, and equipment, furniture, fixtures, and inventory included in the sale. The space can be divided into two separate rooms, allowing the facility to host two events simultaneously, each with its own entrance. The business is well suited for weddings, quinceañeras, birthdays, corporate events, private parties, and other special occasions.Significant potential exists to increase revenue through additional events, catering, and food-service opportunities. The established location, more than four decades of banquet hall history, and experienced operational setup provide a solid platform for continued success.Business and assets only; real estate is not included. Confidential sale. Please do not disturb employees or customers. Contact the listing agent for additional information and to schedule a private showing. Proof of funds and/or buyer qualification may be required before confidential information is released.
| MLS # | A12098554 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 30 |
| Listing Provided By | Florida International Realty L | Anabel Castillo |
| Zoning | 0000 |
|---|
| Parking Features | Common, Free Parking |
|---|
| Tax Annual Amount | 0 |
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| Community Features | Shopping |
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| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33165 |
| Area | 2400 |
| Listing VS Median (in 33165) | |
Price: $650,000 low | high Med: $599,000 On site: 30 low | high Med: 127.5 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33165 |
| Area | 2400 |
| Listing VS Median (in 33165) | |
Price: $650,000 low | high Med: $599,000 On site: 30 low | high Med: 127.5 | |