11009 Burbank Boulevard #112
North Hollywood, CA 91601
#BB23124477
Description
This is a sale for a well-established and profitable banquet hall business located in North Hollywood. The business has a strong reputation for exceptional customer service and has built a loyal client base over the years. The hall boasts a spacious and elegant ballroom that can accommodate up to 200 guests, with an existing 5 year lease term. The hall features a dazzling, custom commissioned glass ceiling that spans an impressive 60 feet. With its high ceilings and lack of columns, the look of the hall combines contemporary sophistication with European elegance. This beautiful building has been fully renovated with custom draperies, state of the art lighting, custom moldings and columns, lighted dance floor, and immense sparkling chandeliers. The business partners with a valet company for customer/guest parking. The sale includes all fixtures, equipment, and inventory. The new owner will have the opportunity to continue to grow the business and take advantage of the high demand for event venues in the area. This is a turnkey opportunity for someone looking to enter the lucrative event industry or expand their current business. Don't miss out on the chance to own this impressive and profitable banquet hall business!
Property Details
- Property SubtypeBusinessOpportunity
- CountyLos Angeles
- MLS #BB23124477
- MLS #BB23124477
- Property TypePurchase
- Original List Price$850,000
- Cost750000
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Robert Dichigrikian (#B36922)
Listing Office: Express Realty & Home Loans, INC. (#BH5345148)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
