CA > North Hollywood
North Hollywood, CA 91601,11009 Burbank BLVD #112
North Hollywood, CA 91601,11009 Burbank BLVD #112
North Hollywood, CA 91601,11009 Burbank BLVD #112
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Paul Ward

Paul Ward

+1(805) 479-5004
$750,000
Est. payment /mo
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UPDATED:

12/05/2024 12:32 AM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB23124477

HOA Y/N No

Property 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!

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Interior

Fireplace No

Others

Acceptable Financing Cash, Private Financing Available

Listing Terms Cash, Private Financing Available

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California Regional MLS (CRMLS)
Listed by Robert Dichigrikian • Express Realty & Home Loans, INC. • 818-653-5854

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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