Price:
$
11,000,000
Exclusive Event Center w/ Prime Real Estate, Great 1031 Exchange!
Exclusive Event Center w/ Prime Real Estate, Great 1031 Exchange!
United States
$
11,000,000
Business Description: Step into ownership of an exceptional banquet and event center that has become a cornerstone in the Midwest’s hospitality industry for over a decade. This turnkey, premier, upscale venue, with a capacity of 1,200 guests, is renowned for hosting weddings, corporate events, and private parties, making it a highly sought-after destination in the region.
Key Features:
• Renowned for Excellence: With over 10 years of impeccable service, this event center has built an unrivaled reputation for creating unforgettable events. Known for attention to detail and a client-first approach, the venue boasts a loyal clientele, both corporate and private, driving consistent demand.
• Seasoned and Dedicated Staff:
A highly trained and dedicated staff ensures seamless operations, from event planning to catering and bar service. Key relationships with third-party partners are in place to support large-scale events, making this a turnkey operation for the next owner.
• Turnkey Facility with Complete Event Setup:
The business comes fully outfitted with high-end furniture, fixtures, and cutting-edge A/V equipment to accommodate a wide variety of events. Whether it’s a wedding or a corporate conference, the venue is ready to host it all.
• Full-Service Catering and Beverage with Liquor Permit:
Complete with full-service catering and beverage options, including a liquor permit, this center offers clients a one-stop shop for their event needs, adding a significant revenue stream to the business.
• Confirmed Events Scheduled Through 2025:
The 2025 event calendar is already filling up, offering a ready-made revenue stream from the moment ownership transfers.
• Exceptional Real Estate Opportunity: Situated on 11.7 acres of prime real estate, this beautiful 40,000+ square foot facility offers a luxurious and flexible space that can be tailored to fit any event. The building and land, valued at $10M, make for a great long-term investment and a great 2024 1031 exchange candidate option for your investment dollar!
Financial Highlights: Serious buyers will receive detailed financials after signing an NDA. This business has consistently delivered robust financial performance, including:
• 2023 Revenue: $2,300,000
• 2023 Net Income: $293,000
• Real Estate BOV: $10,000,000
This is a unique opportunity to acquire a profitable, turnkey event center with minimal competition in a thriving market. For investors seeking entry into the lucrative hospitality industry, bolstered by prime real estate, this business is primed for continued growth. Contact us for more details.
The real estate associated with this business sale is represented by Coldwell Banker Realty, a licensed real estate brokerage in the state of Ohio. This advertisement is not generated by the real estate Brokerage.
Map
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Discover this opportunity to acquire a premier flower shop situated in metro Edmonton, Alberta. This distinguished flower shop is celebrated for its luxurious and vibrant floral arrangements, catering to a high-end clientele with exceptional taste. Renowned for its elegance and sophistication, the shop specializes in providing exquisite floral designs for weddings, holidays, funerals, corporate events, retail walk ins and so much more. This flower shop is preferred vendor for many event planners and venues in the Edmonton area.
The business boasts a reputation for delivering not only contemporary floral arrangements but also an unparalleled level of customer service. Additionally, the shop offers convenient delivery services, further enhancing its appeal to busy, high-profile clients. Winning awards for best Florist in Edmonton and featured in multiple magazines and blogs this flower shop is ready to take to the next level.
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Listing Details
Exclusive Event Center w/ Prime Real Estate, Great 1031 Exchange!
Location:
United States
Down Payment:
$
10000000
Down Payment: $ 1100000
Sales:
$
2300000
Sellers Discretionary Earnings:
$
400000
Furniture, Fixtures, and Equipment:
$
225000
Employees:
25
Year Established:
2008
Reason for Selling:
Retirement
Disclaimer: The numbers are current estimates and are subject to change.
Business Description
Business Description: Step into ownership of an exceptional banquet and event center that has become a cornerstone in the Midwest’s hospitality industry for over a decade. This turnkey, premier, upscale venue, with a capacity of 1,200 guests, is renowned for hosting weddings, corporate events, and private parties, making it a highly sought-after destination in the region.
Key Features:
• Renowned for Excellence: With over 10 years of impeccable service, this event center has built an unrivaled reputation for creating unforgettable events. Known for attention to detail and a client-first approach, the venue boasts a loyal clientele, both corporate and private, driving consistent demand.
• Seasoned and Dedicated Staff:
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• Confirmed Events Scheduled Through 2025:
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• Exceptional Real Estate Opportunity: Situated on 11.7 acres of prime real estate, this beautiful 40,000+ square foot facility offers a luxurious and flexible space that can be tailored to fit any event. The building and land, valued at $10M, make for a great long-term investment and a great 2024 1031 exchange candidate option for your investment dollar!
Financial Highlights: Serious buyers will receive detailed financials after signing an NDA. This business has consistently delivered robust financial performance, including:
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• 2023 Net Income: $293,000
• Real Estate BOV: $10,000,000
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