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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Weddings, Events & Reception Facility

Location  North Carolina,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $322371
Net Profit / Cash Flow  $232390
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2004
Number of Employees  1 - 3
Inventory  521425
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Seller will provide training
Reason for Sale  New interests
Description  The Castle-like elegance of the home is a perfect setting for your Wedding andReception, Private/Corporate Event and Filmmakers. Weddings and Receptions are The Event Villa's specialty, The Event Villa is also a banquet and corporate meeting facility that is very much in touch with it's splendor and class. This magnificent mansion retains the ambience and history of a European Castle.Weddings and Receptions are The Event Villa's specialty. It is their goal to see that the most important day of your life is just right and remembered fondly for years to come. The majestic elegance of The Event Villa is a perfect setting for a Wedding and Reception. They offer several different opportunities from one day packages to all inclusive weekend packages that are sure to make your event perfect.The owner and his wife are the Inn Keepers for The Event Villa. They are responsible for scheduling, working directly with clients, housekeeping, grounds maintenance, coordinating the supplier delivery and set up and handling special requests. Included in the sale price is the Event Villa (valued at $1.5MM) with the ambience of a European Castle is 10,000 sq, ft. with manicured gardens on 6.7 acres. The Grand Ballroom is over 4,000 sq. ft. and seats 250 people. There are 3 Exquisite Bedroom Suites, Billiard Room, Parlor, Stairway and Balcony overseeing the Grand Ballroom, Dining Room, Castle Style Gazebo, Pool and English Gardens. There are separate living quarters for the Inn Keepers. A spreadsheet with the last 4 years of financial information is available. During 2009 Weddings and Special Events were not scheduled on Sundays which contributed in the decline of revenues. Sunday scheduling returned in the second quarter of 2010.
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