Iconic Events Facility North Fulton

Not Disclosed, GA


Asking Price: Annual Revenue:
$950,000 $1,608,000

Food & Beverage: Miscellaneous


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RE: Iconic Events Facility North Fulton Broker: Pedro Ferreira

Quick Facts

Asking Price: $950,000
Annual Revenue: $1,608,000
Net Profit: Not Disclosed
Cash Flow: $212,000
Total Debt: Not Disclosed
FF&E: $431,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: Not Disclosed
BBN Listing #: 826646339
Broker Reference #: 80521-365244

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Business Overview:

This is one of the few venues that has consistently achieved a 5 star reputation with hundreds of 5 star reviews. Through the years they have been a top choice in the community to host corporate, scholastic, various parties, and wedding related events. Currently there are events booked as far in advance as 2024! (All booked events require a deposit.) Most business is acquired through referrals, with minimum $ spent on marketing. Depending on timing, a new buyer could walk into $600,000 in contracted and pending sales as well as the accompanying cash deposits.

The business has a qualified managerial staff in place, and the team is prepared to provide a complete event experience from catering to decor, and more.

The refined and well designed facility has been meticulously maintained. Seating capacity of formal seating of up to 400 guests. 2 large offices, a full service kitchen, triple built-in bar, staging area, conference room, permanent dance floor, exterior terrace, bistro patio, lobby and a large ballroom with state of the art video set up. The facility is a must see! Over $1,000,000 invested in the build-out. $431,000 of equipment included in sale price.

This sale will include all furnishings and equipment (FF&E), and inventories.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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