HospitalityThis event venue business has operated continuously since 1982 and enjoys strong repeat business. The business generates dependable cash flow with margins at or above industry benchmarks. All equipment is well-maintained and included in the sale, with no significant capital expenditures anticipated in the near term. The business enjoys attractive margins relative to industry averages thanks to disciplined pricing and low overhead. The brand is well recognized locally, supported by years of consistent signage, vehicle wraps, and community involvement. What began as a small operation in 1982 has grown steadily through referrals, repeat customers, and a reputation for doing the job right. Barriers to entry at this scale are meaningful, and the company's tenure gives it a durable advantage over newer entrants. This is a turnkey opportunity for an owner-operator or a strategic buyer looking to expand in the market.
Seller will carry 30% at 6.5% interest, 7-year note, for a well-qualified buyer.
Owner is scaling back for health-and-lifestyle reasons and will assist with a full transition.
Seller offers 3 weeks of hands-on training, with phone support for 6 months after closing.
The business occupies a 14,290 sq ft commercial space; the space is well-maintained and fully equipped.
A new owner could grow by adding outside sales, pursuing commercial contracts, and increasing marketing spend.
Modeling Thriving Event & Wedding Venue Netting $333K · $1.08M
Asking price is $1.08M. Type an offer or drag to model one.
SBA 7(a) acquisition loans typically require ~10% down.
SBA business-acquisition loans are usually 10 years.
A market salary for whoever runs the business day-to-day, subtracted from earnings to show true profit. Set to $0 if you will owner-operate.
Estimates for illustration only, based on the listed SDE and your assumptions. Closing costs are estimated at ~2.5% of price for fees and working capital. Actual loan terms, taxes, and earnings will differ. This is not financial advice. Verify all figures in diligence and consult qualified advisors.
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Figures are provided by the seller. The platform does not verify or value the business. The implied multiple is simply asking price ÷ cash flow (SDE). Not financial advice; verify independently before any offer.