HospitalityRare opportunity to acquire a event venue business with 34 years of operating history in a growing market. The business generates dependable cash flow with margins at or above industry benchmarks. The business enjoys attractive margins relative to industry averages thanks to disciplined pricing and low overhead. The company runs on documented processes with a trained staff of 7 in place, allowing the owner to focus on high-level management. Strong online reviews and word-of-mouth referrals drive a steady flow of new customers with minimal advertising spend. The fundamentals are in place for a new owner to grow well beyond current levels.
Seller is pursuing another business venture and wants a clean transition.
Seller will provide 8 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.
Growth opportunities include expanded digital marketing, added service lines, and extended hours.
Modeling Profitable Event & Wedding Venue Operating Since 1992 · $970K
Asking price is $970K. 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 AnalyzerSalt Lake City, UT · Source: AI estimate (Claude) · general knowledge.
AI-estimated comparable ranges from general market knowledge · as of 2026-08-04 · AI estimate (Claude) · general market knowledge. Reference only, not verified market data or a valuation.
The documents below open to qualified buyers in the secure data room after a signed NDA.
Rough AI estimate for owner-operated hospitality businesses of similar size in the Salt Lake City market, not verified market data or an appraisal; hospitality is broad (lodging, food service, event venues) so actual comparables vary widely.
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.
Hospitality