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Listed by:

First National Business Corporation

Event Center And Catering Hall In Northern For Sale

Northern, Ohio
Asking Price:
$434,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$513,000 (USD)
Cash Flow:
$241,000 (USD)

Event Center and Catering Hall for sale in Northern Ohio near Lake Erie and the Islands. 2018 sales will exceed $500,000, with low overhead generating amazing profits and they already sport a solid book of contracted business for the next several years!! They specialize in weddings and wedding receptions, civic and corporate events, banquets, dances, private parties and more. This all-inclusive venue provides banquet style seating for 550 guests and up to 700 theatre style in the grand ballroom. Includes commercial grade kitchen, large bar area, stage, dance floor and cutting-edge lighting and sound. Total renovation of this 12,000 square foot facility has created the premiere event destination in the entire area, and very positive customer reviews are pouring in.

Property information

Real Estate:

Lease

Lease Terms:

$3,500 per month

Location:

Northern Ohio

Business Operation

Reasons for selling:

Owner needs to focus on other business commitments.

Employees:
1 Full Time; 21 Part Time
Years established:
2017

Other Information

Support & training:

Seller is willing to provide training for a negotiated period of time.

Furniture / Fixtures value:
$171,600 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD) - included in the asking price

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