Established Reception Hall w/ Video Gaming & 2 Bars! Growth Potential!
Business Description
Performance & Event Venue · Bar · Wedding Venue
Majestic Pines Lounge & Event Center represents a turnkey opportunity to acquire a thriving performance venue, bar, and wedding destination in Thomson, IL. Since 2015, this well-established business has built a loyal following in Carroll County's event and entertainment market.
FINANCIAL PERFORMANCE:
The operation generates $380,000 in annual revenue with $78,000 in seller's discretionary earnings. Assets include $50,000 in furniture, fixtures, and equipment, plus $30,000 in inventory. The impressive 22,000 square foot facility is valued at $1,200,000.
FACILITY FEATURES:
The venue boasts a full-service bar with liquor, beer, wine, food, and gambling licenses. The rustic wood custom-built bar accommodates Seating capacity:
100+ seats in front bar, with plenty of room for a standing crowd
120+ Fireplace Room
70+ Sitting Room
120+ Up Stairs Lounge
500+ in Banquet Hall
Entertainment amenities include 7 TV screens throughout, professional sound system with DJ booth, and LED lighting upgrades. Two large patio areas extend the entertainment space.
OPERATIONS & ENTERTAINMENT:
Currently operated by an absentee owner with 7 dedicated employees who wish to remain. The venue hosts diverse theme nights including DJ events, karaoke, trivia, and bingo. The business has demonstrated consistent 10-15% annual growth through expanded catering services, live bands, and varied attractions.
MARKET POSITION:
With a decade of established clientele, the venue enjoys exceptional customer loyalty with bookings extending 2-3 years in advance. Strong referral networks minimize advertising needs while maintaining steady revenue streams.
GROWTH POTENTIAL:
Significant expansion opportunities exist within this tight-knit community market. The established infrastructure, loyal customer base, and comprehensive licensing provide an ideal foundation for enhanced programming and service offerings.
The owners are selling to pursue larger interstate ventures, creating an exceptional opportunity for a motivated buyer to acquire a profitable, fully-licensed entertainment venue with proven performance and substantial growth potential.
FINANCIAL PERFORMANCE:
The operation generates $380,000 in annual revenue with $78,000 in seller's discretionary earnings. Assets include $50,000 in furniture, fixtures, and equipment, plus $30,000 in inventory. The impressive 22,000 square foot facility is valued at $1,200,000.
FACILITY FEATURES:
The venue boasts a full-service bar with liquor, beer, wine, food, and gambling licenses. The rustic wood custom-built bar accommodates Seating capacity:
100+ seats in front bar, with plenty of room for a standing crowd
120+ Fireplace Room
70+ Sitting Room
120+ Up Stairs Lounge
500+ in Banquet Hall
Entertainment amenities include 7 TV screens throughout, professional sound system with DJ booth, and LED lighting upgrades. Two large patio areas extend the entertainment space.
OPERATIONS & ENTERTAINMENT:
Currently operated by an absentee owner with 7 dedicated employees who wish to remain. The venue hosts diverse theme nights including DJ events, karaoke, trivia, and bingo. The business has demonstrated consistent 10-15% annual growth through expanded catering services, live bands, and varied attractions.
MARKET POSITION:
With a decade of established clientele, the venue enjoys exceptional customer loyalty with bookings extending 2-3 years in advance. Strong referral networks minimize advertising needs while maintaining steady revenue streams.
GROWTH POTENTIAL:
Significant expansion opportunities exist within this tight-knit community market. The established infrastructure, loyal customer base, and comprehensive licensing provide an ideal foundation for enhanced programming and service offerings.
The owners are selling to pursue larger interstate ventures, creating an exceptional opportunity for a motivated buyer to acquire a profitable, fully-licensed entertainment venue with proven performance and substantial growth potential.
About the Business
- Years in Operation
- 10
- Employees
- 7
- Currently Home Based
- Yes
- Facilities & Assets
- Owner and Manager willing to sell all equipment, including tables, chairs, TVs, and all inventory inside. The property is along a major highway & near airport, golf course, and between many small river towns along the Wisconsin, Illinois and Iowa Midwest towns.
Seating capacity:
100+ seats with plenty of room for a standing crowd
120+ Fireplace Room
70+ Sitting Room
120+ Upstairs Lounge
500+ in Banquet Hall
Entertainment amenities:
Established theme nights that drive steady traffic: DJ, karaoke, trivia, bingo. - Website
- https://lazydogcreations.pixieset.com/majesticpines/
- Market Outlook / Competition
- Current market is very good. Has 10 years increased clientele and steady yearly growth, great referral base from current customers.
- Opportunities for Growth
- Sky is the limit!! Positioned in a supportive community with strong growth potential. The business is closed on Mondays and on most holidays. Revenue could be increased substantially with business open 7 days a week and on Summer holidays. It has 1800 sq. ft. area for future kitchen, walk in cooler or space for golf simulator.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 22,000
About the Sale
- Seller Motivation
- After building and running the business successfully, the business is positioned
- Transition Support
- The current staff would stay on & also train additional staff as the business would continue to grow. The growth currently grows at an average of 20%, with additional caters, bands, and attractions.
Listing Info
- ID
- 2399780
- Listing Views
- 443
Attached DocumentsAttachment Disclaimer
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Listing ID: 2399780 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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