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11009 Burbank Boulevard , #112

North Hollywood, CA 91601
  • $750,000
  • STATUS: Active
  • ON SITE: 488 Days
  • ID#: BB23124477
UPDATED: 20 min ago
$750,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Listing Agent(s): Robert Dichigrikian of Express Realty & Home Loans, INC. (818-989-9994)


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!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-12T11:27:50.403. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Schwaegerle Team | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
www.soldslocounty.com/homes/141419903
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11009 Burbank Boulevard , #112 North Hollywood, CA 91601

  • Price: $750,000
  • Status: Active
  • On Site: 488 Days
  • Updated: 20 min ago
  • ID#: BB23124477
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
NHO - North Hollywood
County:
Los Angeles
Area:
NHO - North Hollywood
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!
Exterior Features

Sign On Property YN No

Interior Features

Building Features Phone SystemTV System

Property Features

Additional Parcels YN No Building Name Bellezza Banquet Hall Business Name Bellezza Banquet Hall Business Type Restaurant Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashPrivate Financing Available Total Actual Rent 14000



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-12T11:27:50.403. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Schwaegerle Team | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
 
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The Schwaegerle Team | Keller Williams Realty Central Coast
350 James Way #130
Pismo Beach CA, 93449
Listing Agent(s): Robert Dichigrikian of Express Realty & Home Loans, INC. (818-989-9994)