11009 Burbank Boulevard # 112, North Hollywood
North Hollywood Home For Sale
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!
Property Details
Additional Information
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- City:
- North Hollywood
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- County:
- Los Angeles
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- Zip:
- 91601
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- MLS® #:
- BB23124477
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- Lot Size:
- 0.00
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- HOA Dues:
- $
Price Change History for 11009 Burbank Boulevard # 112, North Hollywood, (MLS® #BB23124477)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $850,000) | $750,000 | $100,000 (11.76%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 2nd, 2024 at 8:55pm PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.