Beautiful and Busy Wedding Venue for Sale

Texas

Seller Financing Available

Asking Price:$2,500,000
Established Year:2022
BUSINESS DESCRIPTION

Stunning barn wedding and event venue for sale in North East Texas

Located 90 minutes Northeast of Dallas, this is an exceptional opportunity to own a low maintenance, turnkey wedding and event venue, including 34 acres of pristine Texas land with beautiful scenery and a picturesque lake.

Built from the ground up 2019-2020, the stunning 7200 square foot barn has everything you need to host any type of event, from intimate parties to large, elegant weddings. Being a new barn venue, you get that sought-after rustic feel, combined with all the modern luxuries. With towering plank walls and large chandeliers, the venue can host up to 300 guests.

The location is perfect for those who want to escape the bustle of the city, but still be close enough to hotels, grocery stores, etc. that you have access to everything you need.

This is a great owner-occupied business, especially for someone looking for SBA financing. Sellers will also consider up to 10% seller-financing.

The sale includes:
- All property, furniture and fixtures.
- Website, photo gallery, marketing funnel, leads list and customer list.
- Vendor contracts, including decorating, catering, bar, accounting and tax services.
- Full staff, including sales, delivery and maintenance.
- All existing contracts for future weddings will be assigned to the new owner at closing. Approx 40 weddings already booked for 2025.
- All deposits paid for future weddings (approx. $160k) and scheduled payments for weddings previously sold will also be transferred to the new owner at closing.
- The LLC owning the property can be purchased if desired.

Sellers are happy to provide the buyer with all of their documentation, marketing materials, business processes and a turn-over period to ensure a smooth transition.

When we say turnkey, we mean it!


DETAILED INFORMATION
Location
Texas
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
7,200
Employees
4
Facilities
34 acres of property, lake (installed/built in 2019), dock, newly built 7200 square foot barn, newly built outdoor bar and bathrooms, 15 handmade farmhouse tables, 15 round tables, 300 vineyard cross back chairs, all furniture including: couches, barstools, patio furniture, ceremony benches, office furniture.
Competition
There are only 3-4 other venues that are comparable to this venue within a 50 mile radius, only one other within a 10 mile radius. This venue only requires marketing and word-of-mouth as it stands out as one of the only places to host an event within the area.
Growth & Expansion
34 acres of property that can be built on to create a "wedding weekend" location. Many couples ask about onsite accommodation which is a huge growth potential. With a lake for fishing and a large hunting reserve close by, this is a prime location for corporate retreats and weekend getaways for large groups.
Financing
10% Seller Financing available
Support & Training
We have very successful systems in place for marketing, wedding delivery, etc. that we will happily turn over to the new owners.
Reason for Selling
Our business model (we own many venues and require a large payroll). An owner oc
Report an Issue with this listing
Shannon Magnie
Shannon Magnie