11009 Burbank Boulevard 112, North Hollywood, CA 91601

  • $750,000
11009 Burbank Boulevard 112, North Hollywood, CA 91601
  • Business Opportunity
  • Property Type
For Sale
11009 Burbank Boulevard 112, North Hollywood, CA 91601
  • $750,000

Overview

Property ID: SGR-8561820
  • Business Opportunity
  • Property Type

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!

  • Address 11009 Burbank Boulevard
  • City North Hollywood
  • State/county CA
  • Zip/Postal Code 91601
  • Area NHO - North Hollywood
  • Country United States

Details

Updated on January 9, 2024 at 7:00 pm
  • Property ID: SGR-8561820
  • Price: $750,000
  • Property Type: Business Opportunity
  • Property Status: For Sale
  • MLS#: BB23124477
  • Office Name: EXPRESS REALTY & HOME LOANS, INC.
  • Agent Name: Robert Dichigrikian
  • MLS Status: Active
  • Agent State License: 01447257
  • IDX Contact Info: 818-653-5854

Additional details

  • County: Los Angeles

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