Turnkey Wedding & Event Venue with Real Estate Included - Charlotte Metro, NC

(lz0a6ZtoX_sOy9X3lpWR6)Char%20-%20Wedding%20Event%20Center%202.jpg
Contact Broker
Mail Print Save

Entertainment & Recreation Businesses for Sale

  • Primary Category: Other Entertainment & Recreation Businesses for Sale

This is a rare chance to buy an established, fully built-out wedding and event venue together with the building it occupies. The venue is in a revitalized downtown district a short drive west of Charlotte and has served couples across the metro for more than a decade.

The building has a dedicated ceremony space and a separate reception hall, each seating up to 150 guests, plus private bridal and groom suites. Draped ceilings, crystal chandeliers, and a polished finish mean a buyer avoids the cost, permitting, and time of converting a raw commercial building. Public parking is adjacent, and hotels are minutes away.

The venue can host one event per day and can accommodate different types of events in addition to weddings such as corporate or social gatherings. Currently each event has exclusive use of the property for a 12-hour rental window. Packages are all-inclusive: tables, linens, Chiavari seating, uplighting, décor, and full setup, breakdown, and cleanup are all part of the rental. Catering and bar packages are offered on-site, so couples can book nearly everything in one place.

Highlights:
- Business and real estate offered together
- More than 10 years of brand history, strong reviews, and an active social media presence
- All-inclusive packaging that drives a high per-event spend
- Gross margins above 95%
- On premise liquor license
- Turnkey FF&E and décor inventory included
- Systems in place: online quoting, QuickBooks invoicing and ACH payments, a documented booking process, and a preferred-vendor network

Financial Information

  • $1,775,000 Asking Price
  • $130,000 Cash Flow
  • $270,000 Gross Revenue
  • On request Down Payment
  • Yes Financing
  • N/A Adjusted EBITDA

Business Location

  • City: Charlotte
  • State: North Carolina

Financing Comments

  • Seller will consider some financing for a qualified buyer

Reason for Sale

  • Focusing on other businesses, family.

Detailed information

  • Year Established: 2011
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 2
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: 20
  • Inventory Included: Yes
  • Inventory Value: On request
  • Monthly Rent: N/A
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $1,500,000
  • Building Size: 18000
  • FF&E Included?: Yes
  • FF&E Value: $50,000

Training/Support

  • Seller will negotiate a transition period

Facilities

  • Please note this is a package deal as the seller wishes to sell the business and real estate together.

Market Outlook/Competition

  • - Most weekday dates are open. Corporate events, showers, galas, reunions, and celebrations of life could fill Monday through Thursday. - Recent marketing investment and long-standing history gives a buyer a base to build on with targeted wedding-platform and social advertising. - Coordination, rehearsal, and premium bar packages offer room for upsells. - A hands-on owner-operator could reduce outside labor costs.
Business Listed by
image of Bill Law
Bill Law
Sunbelt of Charlotte
Email Bill
Show Phone Number
Listing ID
CHARLNC001-60196
License Number
FL #BK3246701

Contact Business Broker

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
Name*
Newsletter

Similar Businesses for Sale

Image of Golf Simulation company with Two Locations Save

Golf Simulation company with Two Locations

 Charlotte, North Carolina

This is a golf simulation company that appeals to serious golfers who want to get their swings in year-round, as...

$455.9k Gross Revenue
$43k Cash Flow
Asking Price $475k
View Listing Save