Commercial Office building

Asking Price$1,700,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.5600

Price per Sq. Ft.Not Disclosed

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Commercial Office building


Asking Price$1,700,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.5600

Price per Sq. Ft.Not Disclosed

Property Description
TURN-KEY EVENT VENUE - ESTABLISHED BUSINESS WITH IMMEDIATE INCOME POTENTIAL

This versatile event venue presents an exceptional opportunity in Richland, WA, where it enjoys a unique market position with no direct competition for medium-sized event hosting. Established in 2022, this turn-key operation comes with an existing book of business and scheduled events, providing immediate revenue generation.

BUSINESS OVERVIEW:
The 5,600 square foot facility specializes in hosting diverse events including baby showers, graduation parties, birthday celebrations, business VIP gatherings, holiday parties, church events, reunions, and conference rentals. The business operates with minimal overhead, requiring only one employee, and benefits from absentee ownership structure.

PROPERTY FEATURES:
- Spacious 5,600 sq ft event space designed for medium-sized gatherings
- RV bay offering storage potential or additional lease income opportunities
- Two private offices, each with dedicated bathroom facilities
- Two ADA-accessible restrooms for guest convenience
- Roll-up RV doors providing easy load-in/load-out access for events
- Real estate included in sale, valued at $1,600,000

REVENUE OPPORTUNITIES:
Current income streams include event bookings across multiple categories. Significant growth potential exists through securing Monday-Thursday contracts for fitness classes, paint parties, MLM events, and community gatherings. The venue's flexibility allows for diverse revenue generation beyond traditional event hosting.

MARKET POSITION:
The business enjoys a competitive advantage with no direct competition in the local market for this type of medium-sized event space. This unique positioning provides pricing power and market share protection.

OWNER SUPPORT:
Seller provides one month of training to ensure smooth transition and operational continuity.

FINANCING:
Multiple financing options available including cash, SBA loans, and commercial lending.

This established business offers an ideal opportunity for entrepreneurs seeking a profitable venture in the growing event industry with strong fundamentals and expansion potential.
About the Property
Type
Office
Building Status
Established
Facilities & Assets
All appliances, tables and chairs
Location Description
Prime location
Current and Prior Use
Real Estate office & Co Networking space
Year Built
2016
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Financing
Cash, SBA or Commerical loans
Current Property Expenses
Electric & Gas
Listing Info
ID:
2386392
Listing Views:
1105
Business Location

Contact Seller

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Property Listed by: Lacey Blackman

Listing ID: 2386392 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.