Thriving Modern Event Venue with Outdoor Courtyard and Strong Bookings
Business Description
Located minutes from downtown in a thriving, walkable neighborhood, this beautifully restored 20,000 sq ft event venue offers a seamless blend of historic architecture and modern finishes, providing a unique backdrop for weddings, corporate functions, and social events. The facility includes a rare outdoor courtyard for ceremonies and cocktail hours, along with 40 onsite parking spaces and additional valet options—exceptional amenities for an urban venue.
The venue generates revenue from multiple streams, including facility rentals, bar packages (holding its own liquor license), internal furniture and décor rentals, and catering commissions through strong vendor partnerships. Approximately 70% of business is weddings, complemented by corporate, nonprofit, and social events. Forward bookings are strong, with most prime Saturdays in upcoming years already reserved, reflecting consistent demand.
The business has built a best-in-class reputation, with online reviews consistently praising the team’s attentive planning and hospitality. It has also been highly successful in growing its digital brand and footprint through a professionally designed website, consistent branding, and an active social media presence. These efforts drive lead generation, strengthen customer trust, and add tangible value to the business by positioning it as a premier venue in the region.
A refined sales process, digital marketing strategies, and CRM funnel convert leads efficiently, while the current ownership has maintained stability in rental pricing to match market conditions and support strong forward bookings.
Significant growth potential remains for an owner looking to capture additional revenue by bringing catering and food services in-house. Currently, catering is outsourced, representing the largest untapped revenue stream. A new owner could also expand internal rentals and staffing under the brand to further enhance profitability while improving the client experience.
This is a turnkey opportunity for a buyer looking to enter or expand within the event venue industry, benefiting from a proven, scalable model with a strong digital presence in a high-demand urban market. Ownership is willing to provide negotiated training and support for a seamless transition to continue the venue’s tradition of delivering exceptional events.
The venue generates revenue from multiple streams, including facility rentals, bar packages (holding its own liquor license), internal furniture and décor rentals, and catering commissions through strong vendor partnerships. Approximately 70% of business is weddings, complemented by corporate, nonprofit, and social events. Forward bookings are strong, with most prime Saturdays in upcoming years already reserved, reflecting consistent demand.
The business has built a best-in-class reputation, with online reviews consistently praising the team’s attentive planning and hospitality. It has also been highly successful in growing its digital brand and footprint through a professionally designed website, consistent branding, and an active social media presence. These efforts drive lead generation, strengthen customer trust, and add tangible value to the business by positioning it as a premier venue in the region.
A refined sales process, digital marketing strategies, and CRM funnel convert leads efficiently, while the current ownership has maintained stability in rental pricing to match market conditions and support strong forward bookings.
Significant growth potential remains for an owner looking to capture additional revenue by bringing catering and food services in-house. Currently, catering is outsourced, representing the largest untapped revenue stream. A new owner could also expand internal rentals and staffing under the brand to further enhance profitability while improving the client experience.
This is a turnkey opportunity for a buyer looking to enter or expand within the event venue industry, benefiting from a proven, scalable model with a strong digital presence in a high-demand urban market. Ownership is willing to provide negotiated training and support for a seamless transition to continue the venue’s tradition of delivering exceptional events.
About the Business
- Years in Operation
- 6
- Employees
- 3
- Facilities & Assets
- This beautifully restored 20,000 sq ft event venue offers a unique blend of preserved historic architecture and modern design, including a rare outdoor courtyard for entertaining and 40 onsite parking spaces with valet options—an exceptional feature for a city venue. Located in a thriving, walkable neighborhood just minutes from downtown, the space is designed for seamless event execution with dedicated areas for ceremonies, receptions, and breakout events.
- Market Outlook / Competition
- The venue primarily serves clients within a 20-mile radius while also attracting out-of-town clients with Cleveland ties. Weddings are the primary market (70% of revenue), with additional revenue from corporate and nonprofit events, birthdays, and showers. Competition includes nearby venues with modern aesthetics and historic charm, but this venue differentiates itself with its prime location, top-tier client experience, and partnerships with leading caterers and vendors.
- Opportunities for Growth
- A significant growth opportunity exists through the integration of catering services, currently outsourced, to capture additional revenue streams. Adding in-house staffing and expanding rental services under the existing brand could increase profitability. The venue’s strong forward bookings, including high demand for weddings into 2026, indicate continued growth potential for an owner looking to expand services and revenue.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 20,000
About the Sale
- Transition Support
- The current ownership is committed to ensuring a smooth transition, offering negotiated support and training for the new owner to maintain the venue’s strong reputation and operational standards. Key processes for sales, event planning, vendor coordination, and CRM management can be transferred, allowing a new owner to build on an established, well-run system.
Listing Info
- ID
- 2383886
- Listing Views
- 345
Listing ID: 2383886 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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