Wedding & Event Center incl Property

Mckinney, TX
Collin County

Asking Price: Annual Revenue:
$895,000 $110,973

Services: Rentals - Party, Equipment

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RE: Wedding & Event Center incl Property Broker: John Harris

Quick Facts

Asking Price: $895,000
Annual Revenue: $110,973
Net Profit: $55,378
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $46,000
Real Estate: $700,000
Year Established: 2021
Employees: Not Disclosed
BBN Listing #: 969843628
Broker Reference #: 42060360

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Business Overview:

This Wedding & Event Center is a beautiful 2,000 Square Feet cottage on an acre that is full of rustic elegance and Texas charm. It has a 1,360 Square Feet wrap-around porch with seating and tables for dozens of party-goers. The upstairs contains separate Bride and Groom quarters and the Bridal Suite. The kitchen is fully equipped for preparing and serving meals and drinks for 150 people. It also has a newish 520 Square Feet detached 2-car garage. There is a small apartment on the property that an owner may wish to reside in.

Outside there is a ceremony gazebo adjacent to a 2,400 square feet party tent that was brand new in May of 2022. There are huge front and back yards to enjoy and sit for dining and drinks.

Bluebird is not just a Wedding venue. They host birthday parties, anniversary parties and other events of all kinds. Unfortunately, the owner has recently suffered a debilitating injury that will prevent her from walking for the next 18 months. So she has converted the event center into essentially a self-service business. She now offers reduced pricing for customers to plan and manage their own event. She supplies the facility, tables, chairs, kitchenware, and the upstairs suites if desired. And the customer actually manages the catering, music, preparation, cleaning etc. It is working very well, but of course a new owner may want to revert back to full-service type of operation.

This property is very close to Downtown McKinney and conveniently located on a paved road just north of University Avenue. It is a very popular wedding and event locale, and a new operator with a passion for this business should do very well. Excellent SBA financing is available with good credit and a small down payment.

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Property Features and Assets:

2,000 square feet house with 520 square feet detached garage, and a new 2,400 square feet party tent.

Reason for Selling:

Owner health issue.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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