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- RE: Professional Event & Meeting Facility For Sale
- Contact: Shannon Foust
Quick Facts
Asking Price: | $2,900,000 | |
Annual Revenue: | $2,623,394 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $599,650 | |
Total Debt: | Not Disclosed | |
FF&E: | $487,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2001 | |
Employees: | 13 | |
BBN Listing #: | 42914955 | |
Broker Reference #: | 4305-15335 |
Business Overview:
This 35,000 plus sq. ft. professional meeting and training facility has been operating for since the early 2000's and has produced consistent sales and profitability over these many years. Although closed 2020 through 2021 due to Covid, the business is back on track and moving in an upward trend from prior operational years. The company offers an ideal setting for many types of meetings and events catering to clients both locally and nationally. They have well documented systems in place and an experienced staff dedicated to ensuring the highest level of service, resulting in high customer satisfaction and referrals.
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Property Features and Assets:
35,000 plus square foot newly renovated facility offers an ideal setting for meetings and events.
Assets - $487,000
Market Competition and Expansion:
Full service hotels.
Strong potential for growth.
Reason for Selling:
Moving towards retirement.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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