Full Service Venue and Event Planning Business
Briarcliff Manor, NY
| Asking Price: | $2,999,000 |
| Gross Revenue: | $2,245,750 |
| EBITDA: | $724,900 |
| Established Year: | 2013 |
| Cash Flow: | $724,900 |
| Inventory: | $50,000 |
| FF&E: | $25,000 |
Listing ID: 2212651Listing provided by BizBuySell
BUSINESS DESCRIPTION
Sophisticated, Elegant event space
This exclusive venue caters to a discerning affluent audience, a clientele that demands nothing but the best. With an industry insulated from recessionary woes and impervious to e-commerce disruptions, this business creates a sanctuary of stability and profitability.
DETAILED INFORMATION
Location
Briarcliff Manor, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
11,000
Lease Expiration
28/02/2034
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Panoramic views where luxury, sophistication and elegance converge seamlessly. This facility is nestled in the heart of opulence. Standing as a principal in wedding, corporate and private event space. Large enough to handle larger events yet small enough to feel intimate.
Competition
Positioned as a wedding, corporate and private event space. Wealthy audience in an industry that is insulated from recession and not effected by ecommerce. National average margin growth with consistent demand. Unique characteristics that make this business one of a kind.
Growth & Expansion
Can expand to offsite catering, expand corporate event offerings, marginal increase on pricing, and use more strategic marketing.
Financing
Seller depending available depending on the strength of the buyer.
Support & Training
2 weeks for 20 hours per week
Reason for Selling
Retirement
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