Event Venue for Sale with book of business!
Business Description
TURN-KEY EVENT VENUE - ESTABLISHED BUSINESS WITH IMMEDIATE INCOME POTENTIAL
This versatile event venue presents an exceptional opportunity in Richland, WA, where it enjoys a unique market position with no direct competition for medium-sized event hosting. Established in 2022, this turn-key operation comes with an existing book of business and scheduled events, providing immediate revenue generation.
BUSINESS OVERVIEW:
The 5,600 square foot facility specializes in hosting diverse events including baby showers, graduation parties, birthday celebrations, business VIP gatherings, holiday parties, church events, reunions, and conference rentals. The business operates with minimal overhead, requiring only one employee, and benefits from absentee ownership structure.
PROPERTY FEATURES:
- Spacious 5,600 sq ft event space designed for medium-sized gatherings
- RV bay offering storage potential or additional lease income opportunities
- Two private offices, each with dedicated bathroom facilities
- Two ADA-accessible restrooms for guest convenience
- Roll-up RV doors providing easy load-in/load-out access for events
- Real estate included in sale, valued at $1,600,000
REVENUE OPPORTUNITIES:
Current income streams include event bookings across multiple categories. Significant growth potential exists through securing Monday-Thursday contracts for fitness classes, paint parties, MLM events, and community gatherings. The venue's flexibility allows for diverse revenue generation beyond traditional event hosting.
MARKET POSITION:
The business enjoys a competitive advantage with no direct competition in the local market for this type of medium-sized event space. This unique positioning provides pricing power and market share protection.
OWNER SUPPORT:
Seller provides one month of training to ensure smooth transition and operational continuity.
FINANCING:
Multiple financing options available including cash, SBA loans, and commercial lending.
This established business offers an ideal opportunity for entrepreneurs seeking a profitable venture in the growing event industry with strong fundamentals and expansion potential.
This versatile event venue presents an exceptional opportunity in Richland, WA, where it enjoys a unique market position with no direct competition for medium-sized event hosting. Established in 2022, this turn-key operation comes with an existing book of business and scheduled events, providing immediate revenue generation.
BUSINESS OVERVIEW:
The 5,600 square foot facility specializes in hosting diverse events including baby showers, graduation parties, birthday celebrations, business VIP gatherings, holiday parties, church events, reunions, and conference rentals. The business operates with minimal overhead, requiring only one employee, and benefits from absentee ownership structure.
PROPERTY FEATURES:
- Spacious 5,600 sq ft event space designed for medium-sized gatherings
- RV bay offering storage potential or additional lease income opportunities
- Two private offices, each with dedicated bathroom facilities
- Two ADA-accessible restrooms for guest convenience
- Roll-up RV doors providing easy load-in/load-out access for events
- Real estate included in sale, valued at $1,600,000
REVENUE OPPORTUNITIES:
Current income streams include event bookings across multiple categories. Significant growth potential exists through securing Monday-Thursday contracts for fitness classes, paint parties, MLM events, and community gatherings. The venue's flexibility allows for diverse revenue generation beyond traditional event hosting.
MARKET POSITION:
The business enjoys a competitive advantage with no direct competition in the local market for this type of medium-sized event space. This unique positioning provides pricing power and market share protection.
OWNER SUPPORT:
Seller provides one month of training to ensure smooth transition and operational continuity.
FINANCING:
Multiple financing options available including cash, SBA loans, and commercial lending.
This established business offers an ideal opportunity for entrepreneurs seeking a profitable venture in the growing event industry with strong fundamentals and expansion potential.
About the Business
- Years in Operation
- 3
- Number of Employees
- 1
- Facilities & Assets
- All appliances, tables and chairs
- Website
- http://www.foyer950.com
- Market Outlook / Competition
- no current competition. Space is unique in that it host medium sized events such as baby showers, grad parties, birthdays, reunions, business VIP parties, holiday parties, church gatherings, rented conference space & offices and much more!
- Opportunities for Growth
- Growth opportunity would be to secure M-Th contracts for workout classes, paint parties, MLM events, community events, etc.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 5,600
About the Sale
- Seller Motivation
- Recollatorizing current portfolio
- Transition Support
- 1 month training
- Financing Options
- Cash, SBA or Commerical loans
Listing Info
- ID
- 2386392
- Listing Views
- 736
Business Location
Listing ID: 2386392 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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