HospitalityRare opportunity to acquire a event venue business with 27 years of operating history in a growing market. Customer retention is high, and the phone continues to ring on the strength of the company's name alone. Revenue is diversified across residential and commercial accounts, with no single customer representing a significant concentration. A capable manager runs daily operations, and the staff is expected to remain in place through a transition. The business operates on modern software for scheduling, invoicing, and customer management, so a new owner inherits clean data and repeatable processes. Bookkeeping is clean and professionally maintained, with financials ready for buyer review. The owner has stepped back from daily operations in recent years, and the business now runs semi-absentee. The business has grown organically with virtually no paid advertising for most of its history, a testament to the strength of its reputation. The company ranks well in local search results and maintains an active presence on the major review platforms. Barriers to entry at this scale are meaningful, and the company's tenure gives it a durable advantage over newer entrants. Strong online reviews and word-of-mouth referrals drive a steady flow of new customers with minimal advertising spend. Service offerings have been refined over the years to focus on the most profitable lines of work. The business generates dependable cash flow with margins at or above industry benchmarks. The operation is efficient and lean, with overhead kept deliberately low relative to revenue. This is a turnkey opportunity for an owner-operator or a strategic buyer looking to expand in the market.
Seller will carry 50% at 6.5% interest, 5-year note, for a well-qualified buyer.
Owner is scaling back for health-and-lifestyle reasons and will assist with a full transition.
Seller offers 3 weeks of hands-on training, with phone support for 6 months after closing.
Competition exists from regional operators, but the company's reputation and tenure provide a durable advantage.
Growth opportunities include expanded digital marketing, added service lines, and extended hours.
Modeling Successful Event & Wedding Venue Serving Philadelphia Since 1999 · $1.47M
Asking price is $1.47M. 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.
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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