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- RE: Midwest Event Venue
- Contact: Josh Grode
Quick Facts
Asking Price: | $7,500,000 | |
Annual Revenue: | $1,760,738 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $907,179 | |
Total Debt: | Not Disclosed | |
FF&E: | $162,282 | |
Real Estate: | $6,000,000 | |
Year Established: | 2014 | |
Employees: | 29 | |
BBN Listing #: | 96824955 | |
Broker Reference #: | 5401-17869 |
Business Overview:
This Event Venue will do over 200 events this year. Currently booking into 2025. There is additional property available. A liquor license is included. Some competition exists, but nothing is as sought after as this venue. A robust web presence, social media, and trade shows are more than adequate as word-of-mouth drives the most traffic. There is an on-site kitchen. There is also open land not currently being utilized. Hosting more events, particularly public, could be an additional revenue stream.
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Property Features and Assets:
Additional property available.
Assets = $6,745,445
Market Competition and Expansion:
Some competition exists, but nothing is as sought after as this venue. There is open land not currently being utilized. Hosting more events, particularly public, could be an additional revenue stream.
Reason for Selling:
Moving cross-country.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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