Opportunity to acquire a long-running event venue with over 40 years of operating history, approximately $645,000+ in annual gross revenue and $151,000 in cash flow.

The business operates from approximately 4,500 SF and hosts weddings, birthdays, baby showers, communions, anniversaries, corporate functions and other private events. The space is already built out and equipped for events, allowing a buyer to take over the existing operation rather than starting a venue from scratch.

This is currently operated on a semi-absentee basis. A manager handles much of the day-to-day operation while a virtual assistant helps with inquiries, scheduling and event coordination. Ownership is not required to be physically present for every event, although a more hands-on operator could potentially improve booking volume and margins.

Business & Operating Details

Approximately $645,000+ annual gross revenue

Approximately $151,000 cash flow

Asking price: $200,000

Seller financing available

Approximately 4,500 SF

Monthly rent: approximately $18,000

Long-term lease structure

Semi-absentee operation

Manager currently in place

Virtual assistant helps manage inquiries and bookings

Existing future events already booked

Outside catering is permitted

Shared parking available

Valet parking has been used for larger events

Fully built-out event space with equipment and furnishings included in the operation

Revenue Model

Revenue is generated primarily through private event bookings. The venue handles a broad mix of events throughout the year rather than relying on one specific event category.

The business benefits from decades of operating history, repeat customers, referrals and local recognition. There are already booked dates in place, giving a new owner existing business to step into rather than having to build the calendar from zero.

Expenses & Buyer Considerations

The largest fixed expense is the approximately $18,000 monthly rent. Because of the rent level, this opportunity makes the most sense for an operator who understands event bookings, pricing and maintaining consistent utilization of the space.

A hands-on buyer could potentially improve profitability by increasing the number of events booked, strengthening weekday utilization, expanding marketing and social media, developing additional packages and building stronger relationships with caterers, DJs, decorators and other event vendors.

Ownership Transition

Current ownership has become increasingly absentee while focusing on a growing family and other business interests. The sale is not due to the venue shutting down or discontinuing operations.

The business is being offered at $200,000 with seller financing available, creating an opportunity to acquire an operating event venue with existing revenue, staff, bookings and over four decades of history.