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6300 Sq Ft Event Venue For Sale On 3 Acres
Location Arkansas,United States
Asking Price Range $250K - $500K
Gross Revenues $80000
Net Profit / Cash Flow $400000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 1 - 3
Inventory 50000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Retirement.
Description Beautiful wedding / reception and event venue on 3+ ACRES
Asking Price:
$429,000
Furniture, Fixtures, and Equipment:
$50,000 (included in price)
Real Estate:
5,200 sq ft Colonial style building and 1,200 building on 3 acres (350 ft x 400 ft) plus additional land available (Benton County appraised value of $624,000 with 1.43 acres, see attached, included in price)
Summary Description:
* Operating event venue since 2006 primarily as a venue for weddings and receptions
* Venue averages about 40 weddings/receptions per year plus other events
* Venue built in 2006
* Corporation stock and books transfers with business
* High traffic website with 5 years of link and traffic building
* Great relationship with floral vendors, cake vendors, caterers, rental vendors, etc.
* Current owner will work with and train new owner for at least 4 months
* Located .2 miles off of Hwy. 12 West, just 2.5 miles west of XNA's (Northwest Arkansas Regional Airport) north entrance
* Features include large auditorium that seats 120, hardwood flooring, large stage area, 2 public restrooms, gorgeous glass windows, and a large paved parking lot. A full kitchen with a 5' x 10' island and large dining room. 5 large master bedrooms. The building has 8 bathrooms in total. Next to this building is an additional 1,200 sq ft building used for parties, for receptions, for a showroom, or for conferences.
For more information please email or contact Jim Johnson at (479) 531-8300.
Click Here To Contact Seller
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