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$499,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID A12024086
HOA Y/N No
Property Description
Established and highly profitable banquet hall/event venue located in a prime high-traffic area of Cutler Bay. Fully licensed and permitted operation with an outstanding online presence, including 234+ positive Google reviews and strong social media engagement. Current lease rate is $6,190/month, with landlord willing to offer a new lease term of 4 years or longer, plus renewal options at the same rental rate. The shopping center offers ample parking with over 400 parking spaces for guests & events. Sale includes transfer of lease, furniture, fixtures, equipment, inventory, phone numbers, customer database, email accounts, websites, and social media profiles including Google, Facebook, Instagram, and TikTok. Business offers strong existing cash flow with significant upside potential through active management, expanded marketing, and additional event bookings. Excellent opportunity for an owner-operator or investor seeking a turnkey business in a growing market. Financials available upon request with NDA.
Location
State FL
County Miami-dade
Area 60
Exterior
Private Pool Yes
Others
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12024086
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Listed by Real Estate Sales Force
"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."