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Multifunctional Building For Sale
Location Latvia
Asking Price Range $20.0M - $35.0M
Gross Revenues $99999
Net Profit / Cash Flow $99999
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 35 - 49
Relocatable No
Number of Employees 35 - 49
Real Estate Owned
Description City: Riga
Country: Latvia
Currency & Price: EUR 26,000,000
Description: Multifunctional entertaining building for sale.
The annual turnover 5,720,000 Euro
The annual revenue 645,000 Euro
Multifunctional building is an indoor arena in Riga, Latvia. It is primarily used for ice hockey, basketball and concerts. The building holds max. 14,500 people and was completed in 2006. It was built to be used as one of the venues for the 2006 Men s World Ice Hockey Championships.
Many big name international artists have performed at this venue, including: Depeche Mode, Chris Rea, Korn, Queen and Paul Rodgers, Sigur R¢s, Sex Pistols, Kiss, Ozzy Osbourne, Placebo, Elton John, Lou Reed, R.E.M., Rihanna, Pink, Kylie Minogue, Backstreet Boys, Bj”rk, Seal, Avril Lavigne, Lenny Kravitz, Linkin Park, Muse, Sting, MylŠne Farmer, Deep Purple, Scorpions, James Brown.
In June 2008 The building was host to Sensation White 2008 Latvia which was attended by 15,400 people having performances by great Dj s all over the world with names like DJ Tiesto, Eric Prydz, David Guetta, Lavin Hirani and Paul Van Dyk.
On the second floor of the building there are boxes that offer you the opportunity to be in an area zoned off from others and still enjoy the emotions created by the event together with all other visitors.
Description of the private box
The box is a furnished recreational area with an exit to a balcony. The box has 10 seats. Additional 5 seats are located at the box's windows to provide excellent visibility and audibility.
Furniture of the private box can be seen in the pictures; however, the lessee may change the interior according to his likes to tailor it to his own requirements and activities. Also, you have an opportunity to combine two boxes into one.
Contact for more information on this building for sale.
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