$ 280,000
Property Attributes
  • MLS#A10867781
  • TypeBusiness Op
  • CountyMIAMI-DADE
  • CityKendall
  • Area50
  • Zip33
  • Style
  • Price$ 280,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Colfax Realty International Inc
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.

Price History
6/1/2020 Listed $280,000

General Features

Business Type BarTavernLounge, Hospitality, ProfessionalService
Cooling ExhaustFan, CentralAir
Electric Item3Phase, Item200AmpService, Item220Volts
Energy Efficient Insulation, Roof
Flooring Carpet, Tile
Heating Central, ExhaustFan, Electric
MLS Area 50
Ownership Corporation
Parking Features FreeParking, Guest, Handicap
Property Type BusinessOpportunity
Roof Metal
Sewer PublicSewer
Terms Cash
Year Built Details Resale

Interior Features

Air Conditioning Y/N Yes
Electric On Property Y/N Yes
Heating Y/N Yes

Exterior Features

Covered Spaces 0.0
Lot Size Units SquareFeet
Road Frontage Type CountyRoad, MainThoroughfare, StateRoad
Total Parking 100.0
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33

AVG $280K
AVG 124
Year Built
AVG 2004

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