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Upscale, Established Events Venue
Location: United States -> Indiana -> Laporte County
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

This listing is for a beautiful, upscale events venue located in northwest Indiana that's available to a qualified buyer. This business has been an established fixture in their community for over two decades. This locale is the premiere event center in their marketplace and they offer multiple rooms and scenic outdoor locations for weddings, special events, corporate events, private parties and much more. Whatever the size of their guests' event, this business has a perfect room to accommodate it with additional space for places like bride & groom rooms and a warm and inviting lounge. Their main banquet hall seats up to 350 guests with striking fixtures, a large dance floor and an attached patio. Smaller rooms can seat up to 75 guests and their beautiful terrace can hold 200. The business offers on-site catering from a professional staff of culinary experts and their event planners are there to make every event unique and special. The asking price includes their real estate which is valued at $1,650,000 and covers the 18,000 sq ft building on 8 acres as well as approximately $450,000 of furniture, fixtures and equipment and more. This is the ideal destination for so many different events in the area. If you would like more information about this business opportunity, or if you would like to schedule a site visit, please contact the agent either by phone (770-886-5100) or by email. Asking Price: $1,299,000


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $288,340
Cash Flow:   $41,654
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $462,500
Seller Financing:  Not Disclosed

About The Business

Year Established:  1999
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Owner will train the buyer for 3 weeks
Reason For Selling:  Retirement




Print Listing Id: 700341562
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales > Indiana Businesses For Sale > Indiana Franchises For Sale > Indiana Business Brokers



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