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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.
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