Event Venue & Catering Service

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Price: $190,000.00

This event venue & catering service for sale is a full-service banquet, event, and catering facility.  It offers full-service catering on-site and off premise. Combining modern architecture with elegant décor, it can host up to three events at the same time. Seating capacity is for 800. The business is family-owned and operated, catering to brides and business professionals alike. Their rooms feature 13-foot ceilings with beautiful chandeliers, elegantly lit trees, mirrors, and wall sconces that combine for an ambiance just perfect for a brides’ special day or any business looking to impress their clients.

Lease Information for the Event Venue & Catering Service

The event venue & catering service facility is approximately 20,000 SF with a yearly lease payment of $146,000 including CAM charges. It is in year 3 of a 10-year lease. Monthly rent is variable based on season. The Seller has a good relationship with the landlord and believes that a lease renewal will go smoothly.

Financial Information

2021 Sales = $ 306,471 & Cash Flow = $ 37,544

2020 Sales = $ 164,294 & Cash Flow = $ (35,347)

2019 Sales = $ 422,487 & Cash Flow = $ 58,571

2018 Sales = $ 421,497 & Cash Flow = $ 46,396

** For more information regarding this event venue and catering service for sale, click the link below. IBA requires a A Non-Disclosure Agreement signature before details can be disclosed**

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  • Reason For Sale : The Seller is ready to retire.
  • Year Established : 1998
  • Location : Central Indiana
  • Cash Flow : $37,544
  • Revenue : $306,471
  • Listing # : H-N2026

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