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.

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Reason for Selling:


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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