NOT DISCLOSED, North Carolina
| Asking Price |
$275,000 |
Year Established |
2021 |
|
| Annual Revenue |
$333,394 |
Reason for Selling |
Other interest |
|
| Annual P/L |
$0 |
Attention |
Sherrye Coggiola |
|
| Annual Cash Flow |
$152,558 |
Listing Number |
1014843 |
|
| # of Employees |
8 |
Business Category |
Services: Rentals - Party, Equipment |
|
Business Overview:
Located in the premier destination wedding and tourist locations in the Southeast, this event venue known for its distinctive atmosphere, upscale design, and turnkey operational model. It offers an intimate, exclusive setting tailored for gatherings ranging from 25 to 140 guests.
Fully equipped with high-end built-in lounge furnishings, plush seating, custom atmospheric lighting, a dedicated performance stage, and an integrated audio/visual sound system. The elevated interior design minimizes setup time and decor expenses for clients.
A highly versatile revenue model driven by wedding weekend events (rehearsal dinners, welcome parties, and after-parties), corporate receptions and networking functions, private celebrations, and an exceptional custom craft cocktail bar program.
Reputable brand with strong local referral networks, active digital presence, established vendor workflows, and rave client reviews praising seamless communication and execution.
Property Features and Assets:
<p>Below market rates with friendly landlord and multiple renewal options<br></p>
Market Competition and Expansion:
<p>While competing local venues primarily offer wide-open floor plans requiring significant floral, rental, and decorative investments from clients, this venue’s built-in luxury aesthetic, historic architecture, provides an immediate "wow factor." Clients benefit from lower overall decor costs while achieving an elevated, intimate atmosphere.<br>This venue thrives by capturing the surrounding high-margin weekend itinerary: rehearsal dinners, welcome parties, corporate dinners, and late-night after-parties. Unlike full-service banquet halls carrying heavy culinary overhead and equipment maintenance, this model utilizes curated bar packages and flexible third-party catering setups. This keeps staffing lean, food waste zero, and gross profit margins exceptionally high.<br></p><p>While the venue consistently generates strong baseline revenue through organic inbound interest and its Google Wedding Pro footprint, the business has historically operated under a passive, streamlined marketing approach. A new owner inherits significant, immediate upside through basic marketing expansion and local industry engagement: Proactive outreach to local businesses, regional associations, and corporate retreat planners to increase weekday venue utilization and off-season winter bookings.<br> <br><br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity