Event Center and Wedding Chapel for Sale

Alvin, TX
Brazoria County


Asking Price: Annual Revenue:
$695,000 Not Disclosed

Services: Rentals - Party, Equipment


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RE: Event Center and Wedding Chapel for Sale Broker: Michael Clingan

Quick Facts

Asking Price: $695,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $625,000
Year Established: 2014
Employees: Not Disclosed
BBN Listing #: 976251152
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Morgan Falls Event Center, located at 2300 Koster Road in Alvin, Texas, is a great growth business.

It offers an intimate setting for weddings, receptions or other special gatherings with up to 100 guests with options for larger outside gatherings

It offers a combination of nature and rustic elegance nestled in a private 5 acre estate with ¾-acre pond and multiple water features.

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Property Features and Assets:

Land: 5.9 acres (commercial) in City of Alvin near FM 1462 and Hwy 35; near community college and businesses; beautiful ¾ acre pond which serves as detention pond tied into city storm sewer system; drainage plan approved by City of Alvin; approx. 2+ acres of irrigation and approx. 1000’ of cedar fencing. Structures: 2400 SF Event Center with metal frame/roof; efis stucco exterior with stone entrance; main ballroom with 22’ ceiling, bridal suite with private bathroom and patio, utility room with sink, and men and women’s restroom; handicap approved; 2-5 ton HVAC units + 2-3 ton mini split AC units; city utilities connected; feature 17’ window system and 8’ front arch door; custom interior design (arches, faux balcony, trey ceiling, rock work, lighting); interior audio system; security cameras; drinking water fountain; storage building with garage door, utility building finished with AC unit. Concrete Improvements: Commercial concrete circle drive with handicap parking; separate gated entrance/exit; 50 space crushed concrete parking lot with lighting; large patio by pond, 5' sidewalks throughout; concrete columns near water’s edge Landscaping and water features: Main 8’ water fountain (in circular drive), main 10’ waterfall on pond edge, main 8’ spray fountain (in pond), 3’ waterfall (front sidewalk) and 4’ water fountain (back); Professional landscaping including evergreen trees and flowering shrubs; stone commercial sign Personal property to be included with sale: 110 folding chairs, 14 round tables; furnishings, fixtures and décor; Skag commercial diesel mower and landscaping equipment; exterior sound system and lighting Existing customers /event contracts: In business for 2 years; existing contracts run through 2018 and continue to book with some repeat customers; excellent reputation with online ratings from past events

Reason for Selling:

Divorce

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:

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