$750,000

11009 Burbank Boulevard # 112, North Hollywood 91601

Listing Agent
Robert Dichigrikian - Express Realty & Home Loans, INC. - 818-653-5854

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!

Facts & Features

MLS® # BB23124477
Price $750,000
Bathrooms 0.00
Type Business Opportunity
Status Active

Community Information

Address 11009 Burbank Boulevard # 112
Area NHO - North Hollywood
City North Hollywood
County Los Angeles
Zip Code 91601

Amenities

Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Additional Information

Date Listed July 12th, 2023
Days on Market 299
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentRobert Dichigrikian
OfficeExpress Realty & Home Loans, INC.
Info818-653-5854

Listing Map

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