Event Space - 100% operational and profitable—Event Hall.
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TURNKEY EVENT VENUE - LILBURN, GA
Established in 2021, this fully operational banquet hall presents an exceptional investment opportunity in Gwinnett County's thriving Lilburn market. The business generates $250,000 in annual revenue with outstanding $245,000 cash flow, demonstrating exceptional profitability in the events industry.
BUSINESS OVERVIEW:
This 38,150 sq ft event venue accommodates up to 300 guests and serves a diverse clientele hosting weddings, corporate events, private parties, school functions, theatrical performances, and community gatherings. Currently operated as an absentee-owned business, it offers immediate revenue with existing bookings providing cash flow from day one.
FINANCIAL HIGHLIGHTS:
- Annual Revenue: $250,000
- Cash Flow: $245,000 (98% margin)
- Asking Price: $150,000
- FF&E Value: $30,000
- Inventory: $60,000 (included)
- Monthly Lease: $7,000 (lease through 12/1/2029)
GROWTH OPPORTUNITIES:
Significant expansion potential exists through negotiating additional space with the landlord to create a second hall for different event sizes. The venue also presents opportunities to add a commercial kitchen and transition into a restaurant or hybrid event concept, creating multiple revenue streams.
ADDITIONAL REVENUE STREAMS:
- Corporate events and training sessions
- Fitness classes and dance rehearsals
- Cultural activities and bazaars
- Concerts and performances
LOCATION ADVANTAGES:
Strategically located in Lilburn's diverse, growing market with on-site parking capacity for 300+ attendees. The venue benefits from strong community engagement and operates within city-approved capacity regulations.
FINANCING:
Seller financing available with 40% down payment, 60% financed. Owner provides 30 days training and support, with license transition assistance for seamless operations.
This turnkey opportunity offers immediate profitability, established operations, and significant growth potential for owner-operators or investors seeking a proven business model in the thriving events industry.
Established in 2021, this fully operational banquet hall presents an exceptional investment opportunity in Gwinnett County's thriving Lilburn market. The business generates $250,000 in annual revenue with outstanding $245,000 cash flow, demonstrating exceptional profitability in the events industry.
BUSINESS OVERVIEW:
This 38,150 sq ft event venue accommodates up to 300 guests and serves a diverse clientele hosting weddings, corporate events, private parties, school functions, theatrical performances, and community gatherings. Currently operated as an absentee-owned business, it offers immediate revenue with existing bookings providing cash flow from day one.
FINANCIAL HIGHLIGHTS:
- Annual Revenue: $250,000
- Cash Flow: $245,000 (98% margin)
- Asking Price: $150,000
- FF&E Value: $30,000
- Inventory: $60,000 (included)
- Monthly Lease: $7,000 (lease through 12/1/2029)
GROWTH OPPORTUNITIES:
Significant expansion potential exists through negotiating additional space with the landlord to create a second hall for different event sizes. The venue also presents opportunities to add a commercial kitchen and transition into a restaurant or hybrid event concept, creating multiple revenue streams.
ADDITIONAL REVENUE STREAMS:
- Corporate events and training sessions
- Fitness classes and dance rehearsals
- Cultural activities and bazaars
- Concerts and performances
LOCATION ADVANTAGES:
Strategically located in Lilburn's diverse, growing market with on-site parking capacity for 300+ attendees. The venue benefits from strong community engagement and operates within city-approved capacity regulations.
FINANCING:
Seller financing available with 40% down payment, 60% financed. Owner provides 30 days training and support, with license transition assistance for seamless operations.
This turnkey opportunity offers immediate profitability, established operations, and significant growth potential for owner-operators or investors seeking a proven business model in the thriving events industry.
About the Business
- Years in Operation
- 5
- Employees
- 6 Contractors
For event - Facilities & Assets
- Includes: 300 chairs, 30 tables, linens, plates, cutlery, glasses, and basic decor. Heaters, refrigerators, and a freezer. Dressing room.
- Market Outlook / Competition
- The space is ideally situated for hosting corporate events during the week, as well as concerts, school functions, theatrical performances, and bazaars. It features on-site parking with a capacity sufficient to accommodate the public—specifically up to 300 attendees—as permitted by city regulations.
- Opportunities for Growth
- This presents an opportunity for growth and potential expansion; by negotiating for additional space with the landlord, it may be possible to open a second hall within the same premises, catering to different sizes and requirements.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 38,150
- Rent
- $7,000.00 per month
- Lease Expiration
- 12/1/2029
About the Sale
- Seller Motivation
- Health Improvements and Change of Work Area
- Transition Support
- 30 days of training and support. The licenses are non-transferable; however, the seller is willing to extend usage to ensure a smooth transition for the new buyer.
- Financing Options
- Yes Seller financing 40% downpayment 60%
Listing Info
- ID
- 2491291
- Listing Views
Listing ID: 2491291 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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