NOT DISCLOSED, Michigan
| Asking Price |
$64,900 |
Year Established |
|
|
| Annual Revenue |
$104,000 |
Reason for Selling |
Transition to Corporate Career |
|
| Annual P/L |
$0 |
Attention |
Tyler Uphaus |
|
| Annual Cash Flow |
$13,337 |
Listing Number |
1019913 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Catering, Food Preparation |
|
Business Overview:
Turnkey Event Venue Opportunity – Wayne County. An opportunity to acquire an established, fully equipped private event venue business located in a desirable Metro Detroit market. This approximately 4,200-square-foot facility features an attractive, modern interior designed to accommodate a variety of private celebrations and special events.
The venue provides a versatile setting for birthday parties, bridal showers, baby showers, weddings, receptions, corporate gatherings, and other social events. Its flexible layout and existing furnishings allow customers to create customized event experiences.
The sale includes approximately $20,000 in estimated resale value of furniture, fixtures, and equipment (FF&E), including tables, chairs, decorative furnishings, event lighting, linens, and a photo booth.
The business has recorded more than 140 bookings since opening in 2024, demonstrating an established customer base and demand for the venue.
The current owners operate the business alongside other professional commitments and have decided to sell to focus on their respective careers. This presents an opportunity for a motivated buyer to acquire an operating event venue with existing infrastructure and pursue additional growth through increased bookings, expanded marketing, and event-related services.
Business Highlights: Approximately 4,200 square feet of event space; Modern interior with flexible event configurations; Established booking history; Approximately $20,000 in FF&E; Existing event furnishings and décor; Photo booth and event lighting equipment.
Opportunity to expand bookings and service offerings. Turnkey operation with growth potential.
Additional information is available to qualified buyers upon execution of a confidentiality agreement.
Property Features and Assets:
Market Competition and Expansion:
<p>The business operates within the Metro Detroit private event venue market, serving customers seeking attractive and flexible spaces for celebrations and special occasions.<br><br>The venue's approximately 4,200-square-foot facility, modern interior, decorative furnishings, and existing event equipment provide an appealing alternative to traditional banquet halls, restaurants, and smaller rental spaces.<br><br>Its flexible event configurations allow the business to serve a variety of customer needs, including birthday parties, showers, receptions, and other private gatherings.<br><br>The existing inventory of tables, chairs, décor, lighting, and event-related equipment provides a new owner with an established operating platform without having to develop and furnish a venue from scratch.<br><br>While the local market includes competing event venues and banquet facilities, the business has opportunities to differentiate itself through customer service, creative event packages, convenient booking processes, and relationships with local event professionals.<br></p><p>The business offers several opportunities for a new owner to increase revenue and improve profitability.<br><br>Increase Venue Utilization: Expand the number of booked events by targeting weekday, evening, and other underutilized time slots. Introduce promotional packages for smaller gatherings, business meetings, and recurring events.<br><br>Expand Digital Marketing: Increase investment in Google advertising, social media, search engine optimization, and online event platforms to generate additional inquiries and bookings.<br><br>Develop Referral Partnerships: Establish relationships with event planners, caterers, photographers, decorators, and other event service providers to generate consistent referral business.<br><br>Introduce Additional Revenue Streams: Offer premium decorating packages, event coordination, photo booth rentals, upgraded furnishings, and other event-related services to increase average revenue per booking.<br><br>Increase Owner Involvement: The current owners operate the business alongside other careers. A more hands-on owner may be able to dedicate additional time to sales, customer service, event scheduling, and business development.<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