Picturesque Wedding & Event Venue with Real Estate

Not Disclosed, CO

Colorado


Asking Price: Annual Revenue:
$4,675,000 $630,195

Services: Hotel, Motel, Lodging


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RE: Picturesque Wedding & Event Venue with Real Estate Broker: Chelsey Cerrillo
License #: EC100095426

Quick Facts

Asking Price: $4,675,000
Annual Revenue: $630,195
Net Profit: Not Disclosed
Cash Flow: $340,316
Total Debt: Not Disclosed
FF&E: $92,856
Real Estate: $3,875,000
Year Established: 2014
Employees: 8
BBN Listing #: 5566981
Broker Reference #: 0522

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Business Overview:

This popular event venue offers the perfect backdrop for weddings, ceremonies, receptions, corporate getaways, or retreats. The property boasts a beautifully landscaped outdoor ceremony area with a reception area and dance floor plus detached Bridal Suite and Groom’s Quarters. The facility also includes an office and ample storage, along with sixty convenient parking spaces. The kitchen is fully equipped for catering operations, as well. The real estate surrounding the facility is unlike any other in Colorado. The venue goes back many years; while vestiges of the splendor of the original building remain - the property has been beautifully updated over time with great taste and a sensitivity to architectural integrity. The real estate is valued at $3,875,000 and includes a 4,200 sq. ft. personal residence, and is to be purchased simultaneously with the business. This would be a great opportunity for an established venue or hotel operator, or a catering provider.

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Reason for Selling:

Retirement

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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