Professional Event & Meeting Facility for Sale

Ohio
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Asking Price:$2,900,000
Gross Revenue:$2,623,394
Established Year:2001
Cash Flow:$599,650
FF&E:$487,000
BUSINESS DESCRIPTION

This 35,000 plus sq. ft. professional meeting and training facility has been operating for since the early 2000's and has produced consistent sales and profitability over these many years. Although closed 2020 through 2021 due to Covid, the business is back on track and moving in an upward trend from prior operational years. The company offers an ideal setting for many types of meetings and events catering to clients both locally and nationally. They have well documented systems in place and an experienced staff dedicated to ensuring the highest level of service, resulting in high customer satisfaction and referrals.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
35,000
Employees
13
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
35,000 plus square foot newly renovated facility offers an ideal setting for meetings and events.
Competition
Full service hotels.
Growth & Expansion
Strong potential for growth.
Support & Training
Will train for 4 weeks @ $0 cost.
Reason for Selling
Moving towards retirement.
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Shannon
R. Foust
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Shannon R. Foust