HospitalityNow available for the first time, this 38-year-old event venue business is one of the more established operators in its trade area. The company has expanded its service area gradually over time and now serves customers throughout the surrounding counties. Employees are experienced, licensed where required, and accustomed to operating with limited owner oversight. The business enjoys attractive margins relative to industry averages thanks to disciplined pricing and low overhead. The customer database numbers in the thousands and represents a valuable, largely untapped marketing asset. Financial records are well organized and will support lender due diligence, including SBA financing. Standard operating procedures are documented, making training and quality control straightforward. An excellent opportunity for a first-time buyer or an existing operator seeking a proven platform.
Open to financing 20% of the price over 3 years at 6.5% with an acceptable down payment.
Owner is consolidating investments and exiting day-to-day operations.
Operates from a 5,790 sq ft commercial space in a high-visibility location with ample parking.
The local market is fragmented; this business is among the most established names in its trade area.
Expansion potential through a second location, added staff, and deeper penetration of nearby markets.
Modeling Profitable Event & Wedding Venue Grossing $678K Annually · $462K
Asking price is $462K. 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
