89008-KA Exquisite Celebration Venue in Richmond

Richmond, VA
Richmond City County

Asking Price: Annual Revenue:
$75,000 $75,000

Services: Non-classifiable

Request More Information
Contact the Seller

RE: 89008-KA Exquisite Celebration Venue in Richmond Broker: Kent Adams
Owner Financing is Available!

Quick Facts

Asking Price: $75,000
Annual Revenue: $75,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: Not Disclosed
BBN Listing #: 838143891
Broker Reference #: 9525-89008

Email, Print & Share

Request More Information
Contact the Seller

Business Overview:

The venue is a newly renovated and conveniently located in the heart of the historic downtown Richmond. The bi-level venue features a magnolia-lined patio and 3 connected dining rooms on the walk-in floor. And downstairs, is a 200-seat ballroom, with adjacent bride and groom suites. Large kitchen area suited for catering.

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.

Property Features and Assets:

Started in 2014 and managed by current owner for 3 years. Year over year growth for weddings and private dining.

Market Competition and Expansion:

No other historic venue in this area of the city. They are currently only doing 25 weddings per year. With aggressive marketing, could do 50+ annually. There is a tremendous opportunity for business lunches, private dining, office parties, etc. Showing Comments Call Broker Potential Growth Increased marketing will double the number of weddings and other events to fill unused capacity.

Reason for Selling:

Other interests.

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.

Relevant Links:

Request More Information
Contact the Seller

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!