Event Venue and Catering Business

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Restaurants for Sale

This Event Venue & Catering Service for sale is a full-service banquet, event, and catering facility combining modern architecture with elegant décor. It offers full-service catering within a 20,000 square foot facility, as well as off premise, and can host up to three events simultaneously. The business is family-owned and operated, catering to brides and business professionals alike. Their rooms feature 13-foot ceilings with beautiful chandeliers, elegantly lit trees, mirrors, and wall sconces that combine for an ambiance just perfect for a brides' special day or any business looking to impress their clients. The facility is approximately 20,000 square feet. Lease payments total $146,000 per year including CAM charges. It is a 10 year lease with 7 years remaining. The venue easily accommodates 800 people.

Financial Information

  • $190,000 Asking Price
  • $37,544 Cash Flow
  • $306,471 Gross Revenue

Business Location

  • City: Marion County
  • State: Indiana

Support / Training Comments

  • The Seller is willing to train and transition the Purchaser or Purchaser’s chosen leadership for a mutually agreeable time period following closing.

Detailed information

  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Part time Employees: N/A
  • Real Estate Included: No
  • Monthly Rent: On request
  • Real Estate Available: No
  • Building Size: 20000
  • Real Estate Value: N/A

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Business Listed by Sunbelt of Indianapolis
Contact
Jeff Farren
Listing ID
INDIAIN001-47538
Office Phone (317) 662-2059

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