Wedding / Event Venue For Sale
Not Disclosed, AL Blount County
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- RE: Wedding / Event Venue For Sale
- Contact: Philip Webb
Quick Facts
| Asking Price: | $1,025,617 | |
| Annual Revenue: | $114,570 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $99,464 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $920,000 | |
| Year Established: | 2022 | |
| Employees: | 2 | |
| BBN Listing #: | 935911 | |
| Broker Reference #: | 86715-571411 |
Business Overview:
The opportunity is to purchase an existing Wedding / Event Venue Business and Property. The location has two buildings centered just over 20 acres of beautiful rolling wooded land located near Birmingham Alabama. The two buildings were constructed over two years ago and the equipment inside the buildings is new and in great shape for providing weddings and other events throughout the year. The number of weddings and events continue to increase month/month and year over year while achieving great profitability for the business.
This is a great opportunity for buyers who have 1031 funds available and searching for an appreciating investment in real estate while having an income source. The furniture, fixtures and equipment (FF&E) include kitchen equipment consisting of food preparation equipment, refrigeration equipment, tables, and shelving along with sufficient central HVAC equipment. The location has an outdoor patio area, with a fire pit, which is great for night events.
The owner is willing to offer some seller financing, however it is subject to final approval and review of the buyer.
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Property Features and Assets:
FF&E Overview: Furniture, fixtures and equipment (FF&E) are personal property, and include refrigeration equipment, food preparation equipment, shelving, etc.,
Market Competition and Expansion:
Expansion: More digital marketing for more potential brides. Adding a full time person to promote the location along with working directly with wedding coordinators and other catering companies.
Reason for Selling:
Focus on other Business
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Alabama businesses for sale
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- Sell a business online
- Find a business broker
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