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Listed by:

Advanced Business Brokers

Banquet Event Center For Sale

Houston, Texas, US
Asking Price:
$150,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$700,000
Cash Flow:
$60,000

This is a large stylish event center located in the Clear Lake Area and perfect for weddings, corporate events, birthday, holiday parties and special occasions such as comedy shows, live music events, and fashion shows. The facilities are on the second floor of a busy shopping center and includes a large kitchen, dressing rooms, central bar area with a large dance floor, and separate party room. The facilities can be used for multiple events at the same time. The facilities are fully equipped with tables, chairs, bar stools, kitchen equipment, and decor for various party events.

Property Information

Real Estate:

Lease

Lease Terms:

Expires 6/25 with 2 three year options to renew.

Leasehold Rent:

$118,788 per annum

Location:

Houston, TX

Size in square feet:
5,000

Business Operation

Reasons for selling:

Partner issues

Trading hours:

24/7

Employees:
12
Years established:
2018

Other Information

Support & training:

As needed

Furniture / Fixtures value:
$142,000 - included in the asking price
Inventory / Stock value:
$7,000 - included in the asking price