This venue and banquet hall business is for sale at a price of $699,000. The property has 4,000 square feet of space, with a gross rent of $9,134. A new lease is available for 5 years, with an additional 5-year option.
This rapidly growing spacious 3,000 square foot/100 seats restaurant and banquet hall takes great pride in creating unforgettable moments for special occasions, including weddings, corporate events and private parties.
We are delighted to present three ballrooms, all located under one roof, which can be opened up by removing partitions to accommodate up to 1,000 people. The state-of-the-art decor features K-9 crystal chandeliers, creating a magnificent and elegant atmosphere.
For sale is a well-established Adult Day Care Center (ADHC) and banquet hall business located in the San Fernando Valley Area, Los Angeles County. Both businesses occupy the same building. This is a very unique opportunity to purchase two of the very desirable businesses located in the heart of LA.
For sale is a Chinese restaurant famous for seafood with a banquet hall in a historical building. The dine area is 5600 sq. ft. banquet hall 2nd floor by same size. The owner will be the future landlord, the rent is $2 per sf., the sales between $60k-90k depend on the parties & events.
Asking Price
$260,000
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For sale is a long-established, well-known bar, grill, and entertainment venue located in an area currently being upgraded by the city. It is situated close to a high-traffic sports venue and is surrounded by businesses, residential areas, and commercial establishments.
We are delighted to present three ballrooms, all located under one roof, which can be opened up by removing partitions to accommodate up to 1,000 people. The state-of-the-art decor features K-9 crystal chandeliers, creating a magnificent and elegant atmosphere.
For sale is a Chinese restaurant famous for seafood with a banquet hall in a historical building. The dine area is 5600 sq. ft. banquet hall 2nd floor by same size. The owner will be the future landlord, the rent is $2 per sf., the sales between $60k-90k depend on the parties & events.
For sale is a well-established Adult Day Care Center (ADHC) and banquet hall business located in the San Fernando Valley Area, Los Angeles County. Both businesses occupy the same building. This is a very unique opportunity to purchase two of the very desirable businesses located in the heart of LA.
This rapidly growing spacious 3,000 square foot/100 seats restaurant and banquet hall takes great pride in creating unforgettable moments for special occasions, including weddings, corporate events and private parties.
This venue and banquet hall business is for sale at a price of $699,000. The property has 4,000 square feet of space, with a gross rent of $9,134. A new lease is available for 5 years, with an additional 5-year option.
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
One avenue that has consistently shown promise and potential for budding entrepreneurs is the world of franchise businesses. Buying a franchise business offers individuals an opportunity to step into a proven business model, benefiting from an established brand, operational framework, and support.
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The process for making a liquor license transfer used to take approximately 55-70 days, but now because of labor shortages and work protocols, it can be up to 3 months in California, for example. The longer an escrow is open, the greater the chance of having it fall out of escrow.
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This article will walk you through the process of buying a business.
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Some entrepreneurs believe it's better to start a business from scratch rather than buy an existing enterprise. While this may be good advice in some cases, usually it's not the best strategy. Here are five tips to help a buyer make the right decision from Peter Siegel, MBA On BizBen.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
When seeking large SBA business acquisition financing loans, it helps to review seller's add backs (cash flow analysis) as a source of funding to service the debt. Peter Siegel, MBA - SBALoanAdvisors.com Founder covers this specific topic for business buyers, owner/sellers, agents, business brokers.
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.