Business For Sale

Well-Established Arena and Exhibition Center

Not Disclosed, MI


Asking Price: Annual Revenue:
Not Disclosed $2,900,000

Recreation: Entertainment


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RE: Well-Established Arena and Exhibition Center Broker: Seller of Business
Owner Financing is Available!
Limited Seller-Financing Available for Qualified Buyers.

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $2,900,000
Net Profit: Not Disclosed
Cash Flow: $362,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: Not Disclosed
BBN Listing #: 905745079
Broker Reference #: 045

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Business Overview:

This profitable entertainment industry and food/beverage business has demonstrated consistent revenue and earnings growth and has considerable upside potential remaining. The owner of this family run business is open to an extended transition period, at the new owner’s discretion, to ensure adequate training and competency at all aspects of this intriguing company.
Located in a major midwestern metropolitan area, this arena and exhibition center venue hosts a variety of events including minor league professional sports, family shows, concerts, outdoor events, boxing and mixed martial arts, tradeshows, conventions, and private parties of all types; resulting in annual patronage of over 200,000 people.
The hospitality side of the business includes everything from typical event concessions to full gourmet catering of food and beverage. The business has a full kitchen, professional culinary and bartending staff and holds a Class C liquor license.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency.
You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the NDA email cannot be found, please email us and request a PDF version.
Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. The owner’s contact information will be provided in the CBR. They will be happy to correspond and answer your questions directly. Thank you for your time!

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Property Features and Assets:

The arena hosts a variety of events and has capacity of up to 8,000 people.

Market Competition and Expansion:

Investment highlights include: • An experienced and competent management team allows for semi-passive ownership • Significant capacity for creation of additional events and space utilization • Substantial recurring revenue associated with a highly satisfied client base • Financial performance consistently trending upward • Option to purchase arena or enter into a long-term lease with an option to buy

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.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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