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- RE: Modern Event Venue With Strong Growth
- Contact: Prakash Shah
Quick Facts
| Asking Price: | $209,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $14,598 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2024 | |
| Employees: | 1 | |
| BBN Listing #: | 1001331 | |
| Broker Reference #: | 286-24838 |
Business Overview:
Step into a growing and highly rated event venue that is capturing one of Utah's most reliable and expanding markets. This modern and stylish center is designed to host a variety of events including weddings, receptions, corporate meetings, social celebrations, and community gatherings. With a versatile layout, clean design aesthetic, and transparent package options, the venue has quickly built a reputation as a "blank canvas" where clients can bring their vision to life. The flexibility to bring in outside vendors or use trusted partner providers gives customers a unique sense of control over their event, resulting in consistently positive experiences and a loyal customer base. This business has experienced significant revenue growth year-over-year, with a 56% increase in sales compared to the previous year. Monthly bookings continue to trend upward, fueled by targeted advertising on Google, The Knot, and Wedding Wire.
Competitive Advantages:
-Affordable rental pricing with many inclusions
-Flexible options that adapt to a wide range of event types
-Consistently strong customer satisfaction with 5.0 Google ratings
-Modern and stylish venue space that appeals to both wedding and corporate clients
-Prime location within a strong and growing Utah market
Growth Opportunities:
The next owner can expand reach and visibility by hiring a dedicated marketing professional or influencer to strengthen social media presence and increase lead flow. Additional partnerships with wedding vendors, community organizations, and corporate groups represent untapped opportunities for increased bookings. This is a rare opportunity to acquire a thriving event center with a strong upward trend, loyal clientele, and exceptional reviews. With proven systems, a strong brand presence, and significant room for growth, this business is ready for a new owner to take it to the next level.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
This is a leased location of 3,959 square feet with a Total monthly rent of $7,312. Lease ends 01/2028 with 1 option. Seller is active with 1 Contract employee. Hours of operation are as needed - when booked. $16,500 in inventory and $14,598 in FF&E included in the asking price. Accounts Receivable of $18,225 is also included. $130,055 made in leasehold improvements.
Reason for Selling:
Partners not able to put in cash flow to keep it growing at this time. Kindly ask the seller for more information.
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
Documents:
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