Event Planning Business and Event Hall
Business Description
Established event planning business and banquet hall located in downtown Renton, Washington, offering a turnkey opportunity in the thriving events industry. This well-positioned venue has been successfully operating since 2021, building a solid foundation with an established client base and consistent revenue stream.
3D Tour of Event Venue: https://my.matterport.com/show/?m=9moXLFCcZ9R
The business operates from a 3,150 square foot dedicated event space with a seating capacity of 99 guests, making it ideal for intimate weddings, corporate events, birthday celebrations, and other special occasions. The downtown Renton location provides excellent accessibility and visibility for clients throughout King County.
Financial Performance:
- Annual Revenue: $120,000
- Monthly Lease: $6,000
- Established customer base with business book of clients included
Assets and Operations:
- Furniture, fixtures, and equipment valued at $75,000
- Inventory valued at $25,000
- One employee operation allowing for owner-operator model
- Leased real estate providing operational flexibility
This turnkey opportunity combines event planning services with venue rental, creating multiple revenue streams within the growing events industry. The business benefits from repeat customers and referrals, typical of successful event planning operations. The current owner is retiring, creating an opportunity for a new operator to continue building on the established foundation.
The venue's 99-person capacity positions it perfectly for the intimate event market, which has shown strong demand in the post-pandemic environment. With the included client book and established relationships, a new owner can immediately begin serving existing customers while expanding the business.
Ideal for entrepreneurs seeking entry into the events industry or existing event professionals looking to add a dedicated venue to their operations.
3D Tour of Event Venue: https://my.matterport.com/show/?m=9moXLFCcZ9R
The business operates from a 3,150 square foot dedicated event space with a seating capacity of 99 guests, making it ideal for intimate weddings, corporate events, birthday celebrations, and other special occasions. The downtown Renton location provides excellent accessibility and visibility for clients throughout King County.
Financial Performance:
- Annual Revenue: $120,000
- Monthly Lease: $6,000
- Established customer base with business book of clients included
Assets and Operations:
- Furniture, fixtures, and equipment valued at $75,000
- Inventory valued at $25,000
- One employee operation allowing for owner-operator model
- Leased real estate providing operational flexibility
This turnkey opportunity combines event planning services with venue rental, creating multiple revenue streams within the growing events industry. The business benefits from repeat customers and referrals, typical of successful event planning operations. The current owner is retiring, creating an opportunity for a new operator to continue building on the established foundation.
The venue's 99-person capacity positions it perfectly for the intimate event market, which has shown strong demand in the post-pandemic environment. With the included client book and established relationships, a new owner can immediately begin serving existing customers while expanding the business.
Ideal for entrepreneurs seeking entry into the events industry or existing event professionals looking to add a dedicated venue to their operations.
About the Business
- Years in Operation
- 4
- Number of Employees
- 1
- Facilities & Assets
- Banquet Business comes with a private venue, equipped with Fully Remodeled Hall with a beautiful new bathroom, prep area, and included inventory to plan client’s parties and events:
Buffet tables
10 10' round tables
100 folding chairs
Projection Screen
Lighting
Stage
Buffet System Table - Hot/Cold
Sandwich Prep Table/Fridge
2' Cocktail Tables (6)
Variety of Linens for Decor
Disco Ball and Vast Decoration Inventory
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,150
- Rent
- $6,000.00 per month
About the Sale
- Seller Motivation
- Owner retiring
Listing Info
- ID
- 2393860
- Listing Views
- 514
Attached DocumentsAttachment Disclaimer
Bubbal Banquet Business Opportunity Flyer.pdf
Business Location
Listing ID: 2393860 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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