Business Overview:
These Midwest Regional family-owned banquet and event centers have been operating in the Midwest area, since 1991. These two venues have a high reservation history, over a year in advance for weddings, corporate events, community meetings and other local events. The banquet and event centers have a reputation for high-end products, reliable services and are fully staffed with 2 General Managers; 1 Controller; 4 Sales Representatives; 2 Executive Chefs and 40 part-time employees. These two banquet & event centers are positioned for strong growth for the future in the current marketplace.
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Property Features and Assets:
Two locations:
Location #1 = Commercial Zoning, 1.68 Acres, 25,596 Sq. ft. - includes 1 to 6 event areas and 1136 to 1550 people (depending on layout and event type)
Location #2 = Commercial Zoning, 6.7 Acres, 26,860 Sq. ft. - includes 1 to 6 event
areas and 1105 to 1820 people (depending on layout and event type)
**Real Estate being sold with the sale of the business
Market Competition and Expansion:
Key Strengths or Product Focus:
-Consistently profitable, high-end event center business with tremendous upside potential
-Established reputation includes long history of beautiful weddings and events, with repeat/referral business
-Turnkey, affordable, consistently high-end product offering
-Well staffed with management team in place
-Financially stable
-In-house training programs
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Documents:
Relevant Links: