Seller's Contact Information
- RE: Intimate Event Venue
- Contact: Steve Herrera
Quick Facts
Asking Price: | $490,000 | |
Annual Revenue: | $450,925 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $200,296 | |
Total Debt: | Not Disclosed | |
FF&E: | $360,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 12 | |
BBN Listing #: | 6184955 | |
Broker Reference #: | 6211-18016 |
Business Overview:
Lender Pre-Qualified! Premier Event Venue. Great location in Central Houston.
Intimate sized venue with a modern design makes this the perfect venue for Birthdays, Cocktail Parties, Holiday Gatherings. Small Weddings and Special Events. Assumable lease below current rates. Business is generating the revenues and income operating, on average, only 2 days per week, so room for growth.
All employees are contractors. Great ratings and reviews. Established model of operation with key managers in place who book and run events. Owner oversees operation. Buyer will assume all deposits on booked future events!
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Property Features and Assets:
Leased. 3,250 square feet. Assets = $610,000
Reason for Selling:
Owners wish to pursue other opportunities.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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