Large Event Venue - Profitable El Paso

El Paso, TX
El Paso County

Asking Price: Annual Revenue:
$1,200,000 $2,336,358

Recreation: Entertainment

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RE: Large Event Venue - Profitable El Paso Broker: Tom Given

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $2,336,358
Net Profit: Not Disclosed
Cash Flow: $356,564
Total Debt: Not Disclosed
FF&E: $600,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: Not Disclosed
BBN Listing #: 52846076
Broker Reference #: GBS384

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Business Overview:

This premier event venue opened its doors in 2007 and specializes in both indoor and outdoor events. In a short time, the Company has become one of West Texas premier event venues offering a wide variety of services to facilitate the planning of any event. It is widely regarded as the top banquet hall in El Paso with approximately 26,000 square feet of available indoor space to handle inside events and approximately 55,000 square feet of total space including office and warehouse and kitchens. This business would be a good fit for an entrepreneur, a husband and wife team, or a family wanting to buy a highly profitable event venue with lots of significant growth potential.

Training to be provided by current owners.

The information contained in this marketing is subject to change, corrections, or withdrawal without notice. Information provided herein has been provided by the Seller and not by Broker.

The Seller has listed this business strictly as an asset transaction. This is not an offer to sell securities. This is not a solicitation to sell securities.

Listing Broker Given Business Brokers. For more information, please contact Tom Given, Principal

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Property Features and Assets:

The facility has approximately 55,000 square feet of space for events, warehouse, office and kitchens. The real estate is for sale by owner of the event venue. Monthly rent $26,725.

Market Competition and Expansion:

Although other event venues and banquet halls exist in the area served by the business, this business offers a large full, full service facility that stands out from other facilities. GROWTH POTENTIAL & EXPANSION – Additional advertising would likely increase sales growth and the new owners should consider hosting concerts at the venue. The Company is well known in the marketplace and will likely continue to grow over the next several years.

Reason for Selling:

Owners would like to retire.

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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