HospitalityThis event venue business has operated continuously since 2014 and enjoys strong repeat business. All equipment is well-maintained and included in the sale, with no significant capital expenditures anticipated in the near term.
Up to 10% carried at 7.5% over 3 years for qualified buyers.
Owner is scaling back for health-and-lifestyle reasons and will assist with a full transition.
Operates from a 6,900 sq ft commercial space in a high-visibility location with ample parking.
Competition exists from regional operators, but the company's reputation and tenure provide a durable advantage.
Modeling Established Event & Wedding Venue Grossing $570K Annually · $423K
Asking price is $423K. 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.
Open the full Deal AnalyzerThe documents below open to qualified buyers in the secure data room after a signed NDA.
Hospitality