Banquet Hall & Conference Center with Real Estate
Merrillville, IN
| Asking Price: | $5,199,000 |
| Gross Revenue: | $2,600,000 |
| Established Year: | 1995 |
| Cash Flow: | $345,000 |
| Real Estate: | $4,400,000 |
Listing ID: 2259069Listing provided by BizBuySell
BUSINESS DESCRIPTION
This is a turnkey banquet, catering and conference business. It regularly hosts a large number of wedding, social, non-profit and corporate events. It has a seasoned and well trained staff. All equipment is included. The business has an excellent reputation and a well-established book of business. One of the few banquet venues with the ability to host outdoor wedding receptions and indoor events spanning over 25,000 sq ft of combined spaces. Comprehensive range of conference rooms that can accommodate up to 1000 guests.
Equipped with latest technology for Weddings, Receptions, Meetings, Trade Shows, Fundraisers and Seminars.
DETAILED INFORMATION
Location
Merrillville, IN
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
30,000
Employees
12
Facilities
30,000 square foot building on 5 acres. Lots of parking.
Competition
Some competition but this business has a large part of the market share for the area.
Growth & Expansion
Owner will share growth opportunities.
Support & Training
Owner will train buyer to ensure success.
Reason for Selling
Retirement
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