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- RE: Well Established Event Center-Restaurant Oppty.
- Contact: Larry Halvorson
Quick Facts
Asking Price: | $65,000 | |
Annual Revenue: | $180,599 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $37,841 | |
Total Debt: | Not Disclosed | |
FF&E: | $23,385 | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | 1 | |
BBN Listing #: | 990262 | |
Broker Reference #: | 8304-18854 |
Business Overview:
A great opportunity for a high energy new owner! This is a very successful Event Center hosting all kinds of Events including - Weddings, Engagements, Birthdays, Bachelor/Bachelorette Parties, Military, Corporate & Political Events, College, High School, Fraternity-Sorority Reunions, Fundraisers, Luncheons, Social and Business gatherings of all kinds. This Event Center has built strong relationships and a loyal clientele for 10 years!
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Property Features and Assets:
Strategically located in a very attractive downtown Historic Boise building with ample parking close by and within walking distance to several large hotels and local eateries. This venue could also be used as a Restaurant as it has a complete full Kitchen, Bar & Barstools, tables, chairs, linens and has a classy decorative feel. All furniture, fixtures and equipment are part of this Turnkey sale!
Assets = $23,385
Market Competition and Expansion:
This Event Center is in a unique building in a great location downtown Boise. It has plenty of parking available and is "Full Service", offering set up, tables, chairs, linens and more. They have a great reputation and have built a loyal customer base through delivering quality service over 10 years!
They do not have a "dedicated out time"!
Do more aggressive marketing to Corporate, Political, Wedding, Engagement, University events, Reunions, Nonprofit fundraising, Social and Business events.
Develop an new Ad campaign and attend more Wedding/Bridal shows.Â
Reason for Selling:
The Owner's time and attention is needed at his other businesses.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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