Profitable Banquet Hall with Dual Event Spaces
$380,000
SBA prequalified
A lender has already reviewed this business for SBA financing.
Training included
The seller will help you get up to speed after closing.
About this business
Established banquet hall and event venue in Miami featuring two event spaces with capacities of approximately 250 and 70 guests. Fully equipped with tables, chairs, linens, projectors, lighting, and more. Ideal for weddings, birthdays, corporate events, quinceañeras, and special celebrations. Great opportunity for a new owner to take over an established event venue.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$380,000
- Annual Revenue$685,017
- 0.6×
- Price to revenue
- Annual Profit
- $500,000
- Approx. Inventory Value
- $65,000
- Approximate FF&E
- $60,100
Details
- 2026
- Established
- 5
- Employees
- 35
- Owner hours per week
- Stock / Entity Sale
- Sale Type
- Event Space Rental
- Business type
- Leased
- Premises
Financing & transition
- Seller financing
- Yes
- Min. Down Payment
- $120,000
- SBA Prequalified
- Yes
- Buyer Loan Allowed
- Yes
- Training after the sale
- Included
- Cost
- Free
- Duration
- 3 days
Property & lease
- Premises
- Leased
- Total Area
- 6,000 sq. ft.
- Rent (monthly)
- $15,500
- Lease Expiration
- Sep 27, 2026
- Lease Renewable
- Yes
- Lease Negotiable
- Yes
Where it is · Miami, Florida
Somewhere in Miami, Florida. The exact address is not on this listing.
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