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Business For Sale

Top Rated Event Business

Tampa Bay Area, FL

Services: Professional

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$495,000
$399,686
Not Disclosed
$159,974
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2003
7
84719750

Business Overview:

Income to Owner $153,170, Love to plan weddings and events, this is your opportunity to own a successful events business with a 2 year revenue average of over $400,000 Acres of Land and Buildings offered at $955,000, you can own the business for $495,000 Established in 2003, this special events center provides an elegant exquisite atmosphere for weddings, corporate events, and social functions. In addition to the business, seller offers the 20 acres of land plus buildings that the event business utilizes for hosting weddings and other special events. The business offers world class amenities at an affordable price. This unique family-owned events venue was rated Best of Weddings 2010 in the West Coast Florida region from “The Knot” Magazine, and has been selected to receive the 2010 Bride’s Choice Awards™ from the WeddingWire Network for wedding and event venues. The WeddingWire Network, includes WeddingWire, Martha Stewart Weddings and over 100,000 wedding professionals across the US and Canada. The award recognizes excellence in quality and service within the wedding industry. Customers can choose from a formal more elegant 5,500 sq. ft. venue or a 4,100 sq. ft. casual relaxed venue. Each wedding is custom designed to fit each individual couple, including the finest catering available for all events. Creative and Unique activities and services are available to inspire and create a memorable event. Experienced well trained staff assists clients with Invitations, Social Stationary, Rentals, Linens, Catering, Décor, Entertainment, Bar Service, and more. The business accommodates all needs including dinner for 2, Cocktails for 30, Luncheons, Teas, Showers, Birthdays, Weddings, Reunions, Anniversaries, Corporate Gatherings of all types, and Charitable Events. Equestrian & boarding services are also available. The business continues to be successful and offers tremendous growth possibilities for a new innovative buyer. For additional information email info@vrtampa.com or call 813-739-8722.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Assets: A complete FF&E list is available to a qualified buyer who has signed a confidentiality non-disclosure agreement with Tampa Advisory Partners Lease: Seller owns the 20 acres of land plus buildings that the event business utilizes for hosting weddings and other special events. Seller is offering a 10 year land and building lease for $88k triple net including a 3% annual increase or for a purchase price of $895,000, buyers’ option.

Market Competition and Expansion:

The company has successfully advertised to build a thriving and growing business becoming recognized as one of the top ten places in the nation to have a wedding. The business uses the following strategic advertising methods to obtain customers A. State-of-the-art website that is attractive and well designed B. Advertising in trade publications; Wedding Pages, Wedding magazine, Florida Bride and on industry websites; brides.com and theknot.com. C. Wedding Trade Shows

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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