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Listed by:

Transworld Business Advisors

Stunning And Elegant Event Center With Catering Business For Sale

Summit County, Ohio, US
Asking Price:
$1,050,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,015,636
Cash Flow:
$274,451

Buckle up for an exhilarating journey into the world of exceptional celebrations! We're thrilled to unveil an unparalleled opportunity that transcends the ordinary—an established catering business seamlessly intertwined with a mesmerizing event venue and a coveted liquor license. Get ready to immerse yourself in the thrill of orchestrating unforgettable moments as we present a business that's not just about service; it's about creating magic!

Catering Expertise:

At the heart of this business is a team of seasoned culinary professionals dedicated to creating unforgettable dining experiences. The catering arm has earned a stellar reputation for its diverse menu, impeccable presentation, and commitment to using high-quality ingredients. From intimate gatherings to large-scale events, the business has demonstrated its ability to cater to a wide range of tastes and preferences, ensuring client satisfaction on every occasion.

Dazzling Event Venues: Where Dreams Take Center Stage

Step into a world where celebrations are elevated to new heights. With a capacity for both seated and cocktail-style events, the venue boasts stylish interiors and versatile spaces that can be tailored to accommodate everything from fairy-tale weddings and social gatherings to corporate functions. The attention to detail is evident in the design, creating an atmosphere that is both inviting and upscale, setting the stage for memorable events. The venue's strategic location enhances its appeal, attracting clientele from the local community as well as neighboring areas. With ample parking and convenient accessibility, the business has positioned itself as a sought-after destination for those seeking a distinctive and well-equipped event space.

Liquor License: Elevate Every Toast

Raise your glass to success! This license not only expands revenue streams but also positions the business as a one-stop solution for clients looking to host events without the hassle of securing a separate liquor permit. Whether it's crafting signature cocktails for a wedding reception or curating a diverse wine selection for a corporate event, the liquor license elevates the business's capacity to meet diverse client needs.

Financial Performance:

The business has a proven track record of financial success, with a steady and growing revenue stream. Detailed financial records, including profit and loss statements, tax returns, and other relevant documents, will be made available to serious, qualified buyers during the due diligence process.

Opportunities for Growth:

While already a thriving enterprise, there are numerous avenues for growth and expansion. The current owners have laid a solid foundation, and a new owner could explore opportunities such as marketing partnerships, collaborations with local businesses, or the introduction of themed events to attract a broader clientele.

Why Seize This Opportunity? Because Unforgettable Moments Await:

-Established Brand and Reputation
-Fully Equipped Commercial Kitchen
-Stylish Event Venue with Furniture and Fixtures
-Valuable Liquor License
-Client Database and Vendor Relationships
-Trained and Experienced Staff
-Marketing Materials and Online Presence

This catering business, complete with a stunning event venue and a coveted liquor license, presents a rare and lucrative opportunity for a discerning buyer. With a strong foundation, a commitment to excellence, and growth potential, this business is ready to be taken to new heights. If you have a passion for hospitality and a vision for success, we invite you to explore this exceptional offering and be part of the vibrant world of events and catering. Contact us today to learn more and start the journey toward owning a business that combines culinary artistry, event sophistication, and financial success.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $15,500.00

Square Units (Foot, Meter): 28,000

Lease Expiration Date: January 1, 2025, 12:00:00 AM

Location:

Facilities: The massive facility space with a fully equipped kitchen allows for the business to thrive in both small and large events.

Premises Details:

FF&E Overview: Includes all furniture, equipment, and decor.

Business Operation

Expansion Potential:

This business has a massive potential for growth in corporate events and concerts.

Competition / Market:

This business stands out in a competitive space due to a few key factors.

Strategic Aesthetics:
The business has strategically positioned itself as a market leader with a focus on creating visually stunning event experiences. This unique selling point ensures a strong competitive edge in attracting clients seeking a distinctive ambiance for their events.

Capacious Event Spaces:
The business features spacious venues capable of hosting events of various sizes, allowing for diverse revenue streams. The flexibility of the spaces accommodates a wide range of events, from intimate gatherings to grand celebrations.

Competitive Pricing Model:
The business has successfully balanced aesthetics and affordability. Its competitive pricing model appeals to a broad client base, capturing market share while maintaining healthy profit margins. This strategic pricing approach enhances the business's resilience in changing economic landscapes.

All-Inclusive Service Packages:
The business has capitalized on the demand for streamlined event planning by offering comprehensive, all-inclusive packages. This not only simplifies the client experience but also creates additional revenue streams through bundled services.

Reasons for selling:

Retirement

Trading hours:

Wednesday-Sunday 9AM to 6 PM

Employees:
14
Years established:
2018

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 4

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner Terms: $100,000.00 Term Months: 60

Furniture / Fixtures value:
$107,934 - included in the asking price
Inventory / Stock value:
$185,413 - included in the asking price