HospitalityThis event venue business has operated continuously since 1998 and enjoys strong repeat business. The current owner works a normal full-time schedule and focuses on quoting, scheduling, and customer relationships. Most new business arrives through referrals and repeat customers, so paid acquisition remains an untapped lever. A tenured team of 4 handles day-to-day operations; several key employees have been with the company for many years. Customer retention is high, and the phone continues to ring on the strength of the company's name alone. Vendor and supplier relationships are long-standing, with favorable terms that a new owner will step into. Over the past several years ownership has invested in equipment, systems, and staff development, positioning the company for its next phase of growth. Detailed financials, tax returns, and supporting schedules are available to qualified buyers after an NDA. The fundamentals are in place for a new owner to grow well beyond current levels.
Open to financing 15% of the price over 5 years at 6.5% with an acceptable down payment.
Seller is pursuing another business venture and wants a clean transition.
Seller will provide 4 weeks of on-site training and transition support.
The local market is fragmented; this business is among the most established names in its trade area.
A new owner could grow by adding outside sales, pursuing commercial contracts, and increasing marketing spend.
Modeling Long-Standing Event & Wedding Venue Grossing $568K Annually · $410K
Asking price is $410K. 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