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Wedding Chapel / Banquet Facility

Location  Texas,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $650000
Net Profit / Cash Flow  $220000
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  1990
Number of Employees  10 - 19
Inventory  $250000 plus.
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  Available.
Reason for Sale  Relocating.
Description  A complete wedding chapel and reception facility located on 10.5 country acres just outside of Dallas, TX. Established business since 1990, owners wish to relocate. Asking price $2,300,000. Business is a complete facility with an indoor and outdoor ceremony location accommodating up to 250 guests. Also has bride and groom's changing rooms. After the ceremony the guests will enter a victorian style home which is approx 2,600 SF with added reception facility approx. 3,200 sf. The home is beautifully decorated in a shabby chic victorian style with numerous antiques and collectibles of the Victorian era. The home has 4 bedrooms and ample living space upstairs for owners. The reception area has a large dance floor with premium flooring, a lighted buffet and serving areas, and a large beautiful bar area. In addition to tables and chairs inside the reception, there are also tables and chairs outside where clients may view the twinkle lights in the trees and view the pond and other landscaping. Location is outside of city limits, therefore no building permits are required to add on to the facility! Also this allows for the use of fireworks displays for events. Currently we host approx. 100 weddings per year and are beginning to expand into the Quinceaneras market. With additional buildings the facility could easily double that number. Owners will stay in area to train for up to 2 months. Most staff will be willing to stay on, making for a seamless transition. Please email or call for more information on this Wedding Chapel / Banquet Facility for sale, 817-648-9222 serious inquiries only.
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