Beautiful Wedding Venue w/ Victorian House & Pond

Not Disclosed, WA
Spokane County

Eastern Washington


Asking Price: Annual Revenue:
$1,299,000 $182,500

Retail: Art, Photography, Accessories


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RE: Beautiful Wedding Venue w/ Victorian House & Pond Broker: Eugene M. O'Connor
License #: DRE #00455570
Owner Financing is Available!
Pending SBA approval for loan.

Quick Facts

Asking Price: $1,299,000
Annual Revenue: $182,500
Net Profit: $139,925
Cash Flow: $115,760
Total Debt: $280,000
FF&E: $30,000
Real Estate: $925,000
Year Established: 2003
Employees: 2
BBN Listing #: 934056908
Broker Reference #: WA001

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Business Overview:

Established in 2003 by a married couple who moved here from Montana. This business has increased in volume almost every year since it started in particular the last 5 years. The wife is also the photographer and her income IS NOT listed in the above information.(additional $30,000 if you are so inclined to do.) The strength of this business is truly the property and all the amenities. Owner has all records and will train the new buyer to keep the memories going forward. Design, coordination and styling are all part of the package of services.
There is so much to say & tell to put here, call for more information, and we will gladly go over it all.
Beautiful web site: http://www.bellegardens.com

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Property Features and Assets:

Beautiful Victorian House with large pond & waterfall, with boat, situated on 5 picturesque acres. Secret garden with claw foot bathtub scene, shabby chic bed dressed to the nines in the woods, vintage flatbed truck on the back acreage, wild flower field complete with red and pink poppies, giant gazebo, vintage furniture available to enhance your look in any area of the grounds. Along with having the ceremony anywhere on the grounds. Small vineyard, 3+ apples trees, and much more. Design, coordination, and styling are all part of the package. Tents & heaters in case of inclement weather.

Market Competition and Expansion:

Of the wedding venues available in the area: anyone wanting a country appealing wedding, this is the finest in the area(see above). You can do wedding or other events(retirement, graduation, wedding anniversaries etc.) 7-8 months out the year. Present owner is doing wedding's only, 6 months of the year. There is great upside depending on how much more energy you choose exert.

Reason for Selling:

Retirement

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.

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