Full Service Venue & Event Planning Business
Entertainment & Recreation Businesses for Sale
- Primary Category: Banquet Halls for Sale
This exclusive venue caters to a discerning affluent audience, a clientele that demands nothing but the best. With an industry insulated from recessionary woes and impervious to e-commerce disruptions, this business creates a sanctuary of stability and profitability.
Financial Information
- $2,999,000 Asking Price
- $724,900 Cash Flow
- $2,245,750 Gross Revenue
- Negotiable Down Payment
- Yes Financing
Business Location
- City: New York
- State: New York
Financing Comments
- Seller financing available based on the strength of the buyer.
Reason for Sale
- Retirement.
Detailed information
- Year Established: 2015
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 6
- Part-Time Employees: 15
- Contractors: N/A
- Owner Worked Hours/w: 30
- Adjusted EBITDA: $724,900
- Inventory Included: No
- Inventory Value: On request
- Monthly Rent: On request
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Building Size: 11000
- FF&E Included?: Yes
- FF&E Value: On request
Training/Support
- Two weeks, 20 hours.
Facilities
- Free standing mansion with ample on-site parking.
Market Outlook/Competition
- The wedding, corporate and private event space serves a wealthy audience in an industry that is insulated from recession and unaffected by e-commerce. National market statistics show a growth in margin and a consistent growth in demand.
Real Estate Description
- Panoramic views where luxury, sophistication and elegance converge seamlessly . The facility is nestled in the heart of opulence standing as the principal in wedding, corporate and private event space. Large enough to handle larger events yet small enough to feel intimate.
Business Listed by
Anthony Tarricone
Sunbelt of WestchesterContact Business Broker
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