Event & Banquet Venue in Cleveland, OH known for dependable service and long-standing customer relationships. Turnkey operation with equipment, processes, and staff included.
Owner retirement
Modeling Heritage Event & Banquet Venue · $2.71M
Asking price is $2.71M. 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 AnalyzerCleveland, OH · Source: AI estimate (Claude) · general knowledge.
AI-estimated comparable ranges from general market knowledge · as of 2026-06-29 · AI estimate (Claude) · general market knowledge. Reference only, not verified market data or a valuation.
Rough AI estimate for owner-operated hospitality businesses in the Cleveland metro of comparable size; hospitality margins vary widely by subsegment (lodging vs. food/beverage), so treat these as indicative only and not verified.
The documents below open to qualified buyers in the secure data room after a signed NDA.
