Top Rated Indoor & Outdoor Wedding Venue with Strong Sales/Reputation
Business Description
PROFITABLE WEDDING VENUE WITH EXCEPTIONAL REPUTATION
This established wedding venue represents a rare opportunity to acquire a thriving entertainment business in the coveted Colorado Springs market. Operating since 2021, the venue has quickly built an outstanding reputation with a 4.9 Google rating (131 reviews) and serves as a premier destination for indoor and outdoor wedding celebrations.
BUSINESS OVERVIEW
The venue specializes in weddings and events, offering both indoor and outdoor spaces across 4,000 square feet. Located strategically near Old Colorado City on the back side of Red Rock Canyon Open Space, the property provides stunning natural backdrops minutes from Garden of the Gods, downtown Colorado Springs, and Manitou Springs. The rustic aesthetic combined with modern amenities creates a unique value proposition in the market.
FINANCIAL PERFORMANCE
With annual revenue of $330,000 and seller's discretionary earnings of $215,000, the business demonstrates strong profitability and cash flow generation. The 65% cash flow margin reflects efficient operations and solid pricing power in the premium wedding market.
OPERATIONS & LOCATION ADVANTAGES
The venue operates with 15 part time employees and benefits from limited competition due to its prime location, competitive pricing, and comprehensive package offerings. Features include a large parking area and versatile spaces suitable for various event types. The current lease runs through October 2029 at $4,500 monthly, with the landowner willing to extend terms for qualified buyers.
GROWTH POTENTIAL
Significant expansion opportunities exist through:
- Obtaining a liquor license for additional revenue streams
- Double bookings utilizing separate indoor/outdoor spaces
- Daytime rentals for corporate events, retreats, yoga sessions, and photo shoots
- All-inclusive catering services and party planning offerings
- Preferred vendor partnerships and hospitality collaborations
OWNER SUPPORT
The seller provides comprehensive three-month training covering website marketing, booking software management, event protocols, HR procedures, and operational systems.
This turnkey opportunity offers immediate cash flow with substantial growth potential in Colorado's thriving wedding and events market. The combination of established reputation, prime location, and expansion possibilities makes this an attractive acquisition for entrepreneurs seeking a profitable lifestyle business.
This established wedding venue represents a rare opportunity to acquire a thriving entertainment business in the coveted Colorado Springs market. Operating since 2021, the venue has quickly built an outstanding reputation with a 4.9 Google rating (131 reviews) and serves as a premier destination for indoor and outdoor wedding celebrations.
BUSINESS OVERVIEW
The venue specializes in weddings and events, offering both indoor and outdoor spaces across 4,000 square feet. Located strategically near Old Colorado City on the back side of Red Rock Canyon Open Space, the property provides stunning natural backdrops minutes from Garden of the Gods, downtown Colorado Springs, and Manitou Springs. The rustic aesthetic combined with modern amenities creates a unique value proposition in the market.
FINANCIAL PERFORMANCE
With annual revenue of $330,000 and seller's discretionary earnings of $215,000, the business demonstrates strong profitability and cash flow generation. The 65% cash flow margin reflects efficient operations and solid pricing power in the premium wedding market.
OPERATIONS & LOCATION ADVANTAGES
The venue operates with 15 part time employees and benefits from limited competition due to its prime location, competitive pricing, and comprehensive package offerings. Features include a large parking area and versatile spaces suitable for various event types. The current lease runs through October 2029 at $4,500 monthly, with the landowner willing to extend terms for qualified buyers.
GROWTH POTENTIAL
Significant expansion opportunities exist through:
- Obtaining a liquor license for additional revenue streams
- Double bookings utilizing separate indoor/outdoor spaces
- Daytime rentals for corporate events, retreats, yoga sessions, and photo shoots
- All-inclusive catering services and party planning offerings
- Preferred vendor partnerships and hospitality collaborations
OWNER SUPPORT
The seller provides comprehensive three-month training covering website marketing, booking software management, event protocols, HR procedures, and operational systems.
This turnkey opportunity offers immediate cash flow with substantial growth potential in Colorado's thriving wedding and events market. The combination of established reputation, prime location, and expansion possibilities makes this an attractive acquisition for entrepreneurs seeking a profitable lifestyle business.
About the Business
- Years in Operation
- 4
- Number of Employees
- 15
- Facilities & Assets
- DJ Equipment, 150 indoor white padded chairs, 150 outdoor wooden padded chairs, 12 white 6' tables, 12 white 5' tables, 15 rectangular tables, 80+ white linens, 40+ black linens, disco ball, DJ lighting system, Drink troughs, 2 sets of outdoor patio tables and chairs, white linens in ceiling, string lights in ceiling and front porch, Photo booth (with backdrops, professional strobe lights and sublimation printer), 3 sliding barn doors, black curtains, wedding arch, bridal loft couch, chairs, table, mirrors, 7 whisky barrels, up lighting, branded signs
- Website
- https://redrocksbarn.com
- Market Outlook / Competition
- Competition is slim due to our location, price point and included features in our packages. Located in Old Colorado City on the back side of Red Rock Canyon Open Space, minutes from the Garden of the Gods, downtown Colorado Springs and Manitou Springs. Features a giant parking lot, rustic aesthetics with versatility for expansion (does not have liquor license)
- Opportunities for Growth
- Opting to have a Liquor license would bring in extra revenue. The event space could be split for double bookings for outdoor and indoor parties, yoga/church/retreats/photo shoot rentals/corporate events could be rented during the day. All inclusive catering options would bring in extra revenue along with party planning services, decor services, preferred vendor programs, airbnb/hotel partnerships, etc.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,000
- Rent
- $4,500.00 per month
- Lease Expiration
- 10/24/2029
About the Sale
- Seller Motivation
- Owners are shifting focus to other established businesses, creating a rare oppor
- Transition Support
- 3 months of training that includes website marketing & maintenance, triple seat booking software, event protocol, HR, payroll and booking procedures
- Financing Options
- The land owner is willing to extend the contract out to the new buyer
Listing Info
- ID
- 2392066
- Listing Views
- 1012
Business Location
Listing ID: 2392066 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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