This updated and modern event venue has become a popular spot for weddings, parties, corporate events, and other private gatherings. The space is bright, open, and versatile, allowing it to accommodate a wide range of event types and group sizes. The business is easy to operate, with the owners primarily handling bookings and coordination while outside vendors take care of cleaning and event setup. The venue is rented by the hour or by the day, creating a simple business model with low staffing requirements. There is also plenty of room for growth through additional event services such as catering, bar service, decorations, or event planning. A full commercial kitchen is already in place and currently not being fully utilized, providing additional upside for a new owner.
- Asking Price:
- $149,900 Furniture / Fixtures included
- Sales Revenue:
- $68,954
- Cash Flow:
- $30,858
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
1-5 Years.
- Lease Rent:
- $40,368 per sq ft per annum
- Premises Details:
-
Flexible venue that can accommodate up to 150 people, with a cleaning contractor in place who organizes and resets the hall after each event.
- Size in square feet:
- 2,800
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Other business and family reasons.
- Trading hours:
-
By appointment.
- Employees:
- 0 Employees, 4 Contractors in place.
- Years established:
- 2024
Other Information
- Support & training:
-
2 Weeks
- Financing available:
-
TBD
- Furniture / Fixtures value:
- $13,000 - included in the asking price
