Wedding and Event Center

Not Disclosed, TX
Lubbock County


Asking Price: Annual Revenue:
$1,099,000 $406,723

Recreation: Entertainment


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RE: Wedding and Event Center Broker: David Powell

Quick Facts

Asking Price: $1,099,000
Annual Revenue: $406,723
Net Profit: Not Disclosed
Cash Flow: $91,643
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: $1,100,000
Year Established: 2012
Employees: 12
BBN Listing #: 47594955
Broker Reference #: 6002-15478

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Business Overview:

This stylish event venue has been providing an exceptional event service since April of 2012. The owner had a vision for opening an all-inclusive event center after attending a family wedding. They began with the first venue offering 7,750 square feet of venue space preferred an outdoor venue. This building is adjacent to the main venue and offers 1,970 square feet of venue space. Both Venues have courtyards, stages, water fountains and are surrounded by a beautiful pecan orchard creating a true West Texas feel. Numerous events have been held on its stunning grounds, with bookings scheduled into 2020. The venues currently offers 3 inclusive packages of services. Our listing memorandum offers complete detail on these packages. This business is ready for the next buyer to take it to the next profitable level.

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Property Features and Assets:

Building 1 - 7,750 square feet Building 2 - 1,970 square feet Land - 4.0 Acres Building 1 offers a large ballroom with stage, several bar and serving area, catering room, (3) Restrooms (1 handicap), kitchen, grooms room, brides room (with shower/private bath), office for wedding planning with clients, and storage galore. This venue has a beautiful courtyard with a stage and large water fountain. Building #2 offers a grooms room, brides room, photography studio, catering room, one outdoor covered courtyard with stage, and one open outdoor area with a water fountain. Land on this property provides growth opportunities for other income streams for building possible on-site living space for owners or managers. Real Estate listed with KW Commercial - Lubbock. Assets+$1,231,000

Market Competition and Expansion:

Eberley Brooks Events - Wolfforth Cotton Creek - New Home Spirit Ranch - Lubbock Autumn Oaks - Wolfforth Due to personal reasons the owners shared that they are only operating the venues to around 50% of their potential and more marketing focus on corporate trainings, retreats, more weddings per week and doubling up on the second venue booking could boost the revenue of the business. They shared that their biggest weakness is lack of marketing.

Reason for Selling:

Owners are ready to retire.

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.

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