Amazing Event Venue & Dance Ballroom

Not Disclosed, CA
Los Angeles County

LA County

Asking Price: Annual Revenue:
$199,000 $202,000

Services: Rentals - Party, Equipment

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RE: Amazing Event Venue & Dance Ballroom Broker: Kellie Fish

Quick Facts

Asking Price: $199,000
Annual Revenue: $202,000
Net Profit: Not Disclosed
Cash Flow: $145,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 31581219
Broker Reference #: LA04824

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Business Overview:

This business began its journey as a competition ballroom dance instruction studio for all levels.  Award-winning instructors provide a world of dances for private and group classes.  The Ballroom has a beautiful floating dance floor of the highest quality with ceiling to floor mirror.  The amazing quality of surround sound speakers, high ceilings, chandeliers, exceptional color-changing lighting, velvet curtains, and art deco décor will shock and awe.  So much so that this amazing space through word of mouth has become an all-occasion event venue for the surrounding communities. 

The owner has developed rental packages for both a flat rate for use of space including tables, chairs, linen or a full-service package that includes design consultation and in-house décor services.  Catering brought in. The seller schedules dance instruction and events on a month to month basis making it flexible to accommodate both.  Currently, there are ongoing renters (instructors/yoga/private meetings) that bring enough rental income to offset the seller’s rent! Seller does private lessons too, but the venue income has become more lucrative.

Included in the sale are enough supplies of quality linen, drape swaps, and décor to cover just about any occasion all year long.  The seller has a creative eye and will teach the new owner/s how to decorate like a pro. Seller makes high margins on parties by putting together the floral arrangements, balloon arches in house than sub-contracting out the work. Learn where to buy in bulk flowers and custom design arrangements.  Learn how to make fancy balloon arches that will shock & awe.  Included are (9) round banquet tables (seats 10), and 100 chairs. stand up cocktail tables and more. The room seats 90 comfortably. Standing room parties up to 100-120.  There is an operational working space “kitchen” in the back that includes an ex-large refrigerator, dishwasher and storage room.  Two beautifully adorned spacious bathrooms, both wheelchair accessible (1 ADA compliant), small changing room and back patio.

The grand foyer entrance is on a high traffic retail-centric part of town where passersby cannot resist peeping in to see this amazing space.  Staged as an inviting lobby reception area with desk and comfy chairs. The event venue rental part of the business has grown so much just by word of mouth and passersby. This is a perfect business for someone that may already have their own catering business, or just loves working with people and would like to get into the event planning business with their very own venue.  The total space is 2,200 square feet. 1,500 square feet dance floor. Low rent $3,300. Great location, location, location!  For confidential information please contact Kellie Fish.

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Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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