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Wedding & Event Venue with Top Ratings on Facebook and WeddingWire

Westmoreland County, PA, USA
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Businesses For Sale | Event Venue & Banquet Hall Businesses For Sale

Listing ID : 1312212

Broker ID : 964-24011

Listed On July 15, 2024 View Count 20

Listing Updated February 3, 2025

Price :
$330,000
Business Overview :
Gross Revenue:
$549,916
Cash Flow:
$158,175
Year Established:
2000
Number of Employees:
8
Inventory Included:
Yes
Estimated Value of Inventory:
$10,000
Accounts Receivable Included:
No
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Estimated Value of FF&E:
$150,000
Outstanding Liabilities & Debts:
No
License Included:
No
Business Location Details :
Business Location:
Available for Purchase
Building Size:
8,560 Sq. Ft.
Facility & Tenant Improvements:
Event venue with air conditioning, heating, and plenty of parking. Can host up to 200 guests. Real estate is available for purchase. The purchase price is $1,000,000.
Property Details :
Terms :
Financing:
Cash, SBA, Seller Financing
NDA Required:
Yes
Broker Co-Op:
Yes
Support & Training Offered:
Four weeks of transition assistance at no charge
Reason for Selling:
Retirement
Company Overview :
Franchise Overview :
Description :

Family-owned and operated banquet venue serving western Pennsylvania for multiple decades. The facility is most often used for wedding ceremonies, cocktail hours, and receptions. The venue is both air conditioned and heated, allowing celebrations year-round. The venue is known for its quality catering, comfortable amenities, numerous positive reviews, and outstanding ratings on Facebook and WeddingWire.

The business requires a Pennsylvania Liquor License. This license is a marketable asset and is available to a buyer for an additional $125,000.

Opportunities for a buyer:
– Add off-site catering for events and venues that do not offer food
– Increase social media presence and interaction

Brokers: Will co-broke with BBF and AFLBB members as well as IBBA CBIs. All others shall be on a referral basis only.

Edison Business Advisors

BK3217067

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Edison Business Advisors
License:BK3217067

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