Business for Sale Overview:
This 1,250 person capacity concert venue, dance hall and special event space is ideally located in a major California city. There is a $700 million dollar renovation of the Theater and Entertainment district. This historic venue has been critically compared to the Great American Music Hall and The Filmore. After a $2 million dollar renovation, this beautiful venue is ready to return to its former glory days. Current owners are looking to sell or partner the historic ballroom. During the Big Band Era, this ballroom echoed to the music of the likes of Benny Goodman, Lionel Hampton, Jimmy & Tommy Dorsey, Glen Miller, Billy Holiday, Frank Sinatra, Duke Ellington, Harry James and a host of others. This is truly a once in a lifetime opportunity!
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Built in 1923, the complex is a 12,500 square foot, Art Deco dance ballroom: 1,250 capacity Bar Areas, A Balcony Seating/Viewing Area, A Grand Entranceway and staircase, A Stage Beautiful Acoustics, Elevator/ADA Accessible, Cam-Loc 100amp Single Phase Dedicated For Sound
Reason for Selling:
Retiring
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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