Banquet Hall for weddings and for all other festivities and gatherings / parties. Good for all ethnic groups. One-of-a-kind situation. For groups of over 150+ persons. Restaurant on premises. Ample parking. Facility close to Freeway and all shopping, residential and offices. Very confidential offering.
Buyers with a need for a Banquet Hall would be preferred.
Only serious buyers will be considered on Sellers request.
Lease ends 2026 with 2 five year options.
Restaurant capacity 100+ Large Kitchen and overhead hood. Good for a Catering kitchen as is used currently.
Open seven days a week. Good volume of business including catering but has tremendous growth potential. This is more of an asset sale, as the nature and character will change due to a different concept as opposed to a turn-key project.
A fast escrow will determine price and terms.
Tremendous opportunity in waiting for the right buyer. !!
About the Business
Orange County, California
Number of Employees:
Building Sq. Ft.:
$16,600.00 Per Month
All furnishings Full Liquor License ( 47 ) included in price. Call for other details.
Location adjacent to Irvine. No Banquet Hall of this size within many miles.
Growth & Expansion:
All 8500 square footage could be converted to a Banquet Hall. At present approx.1500+/- sq.ft is restaurant. Good sizeable kitchen and o/head hood. great as a catering kitchen.
Asking Price: $495,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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