3 Beautiful Reception Halls in NE in 20 acres

Houston, TX
Harris County

Asking Price: Annual Revenue:
$4,799,000 Not Disclosed

Services: Rentals - Party, Equipment

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RE: 3 Beautiful Reception Halls in NE in 20 acres Broker: Seller of Business

Quick Facts

Asking Price: $4,799,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 822762751
Broker Reference #: Not Disclosed

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Business Overview:

-Successful business consisting of 3 Reception Halls (Two of them are 2,400sf for 100 guests each, one is 6,800sf for 400 guests) including real estate 19 acres of land is now available for sale!
-Each Reception Hall has beautiful outdoor playground area that customers love. Located in the property there ia also a 3,000 sf house with 4 bedrooms, 2 bathrooms, beautiful kitchen, two dinning rooms, beautiful livingroom with fireplace, and spacious office with big storage. The house also has a pool and outdoor kitchen.
-Businesses are Located on NE side of Houston with easy access to I-10 East and Beltway 8 East.
-All inclusive (beautiful rustic tables, chivary chairs, chandeliers, linens and de´cor) - there is no need to rent from outside sources. Along with the client’s design, they assist with the entire ballroom layout, agenda and timeline and put all the pieces in place for the client, so their event is effortless.
-Financially, the venue is on an upward trend since opening in 2015 with events booked every single weekend.
-They are still active and making money. Reason for selling is that owners will be moving to a different City, where they intend to continue with this amazing business venture. Owning a Reception Hall is a very happy business :)

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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 may become a franchise resale opportunity.

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