Seller's Contact Information
- RE: $45,000 NET Wedding & Party & Event Hall Venue
- Contact: Mike Darmo
Quick Facts
Asking Price: | $150,000 | |
Annual Revenue: | $110,000 | |
Net Profit: | $45,000 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 4 | |
BBN Listing #: | 160759836 | |
Broker Reference #: | Not Disclosed |
Business Overview:
If you are looking for a turn-key operation that only operates 1 day a week by appointment only and has a lot of potential for more days where profits can triple with none of the hassle of daily employees having to be there all day every day then look no further. The hall holds up to 200 guests and has 4 employees per event, and only operates one day a week. The lease is great as well at only $3,360 per month with 4 years left. The hall is located in a busy area with tons of exposure from near businesses. The business has been in operation for just under 2 years so there is tons of room for growth and potential with and aggressive owner. The seller is also offering seller financing with $100,000 down and $50,000 for 3 years at 7.5%.
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Property Features and Assets:
3,500 square feet hall located in the Heart of Mesa.
Market Competition and Expansion:
Tons of room for growth by adding more days of business.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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