Wedding Venue with Property – Great Margins
Price: $5,500,000
Location: Florida
Industry: Other Services (except Public Administration)
Listing ID: 890700249
Listing Status: Under Contract
750 - 1,000 weddings a year. Supply full service beach wedding packages all on a state of the art website that takes the wedding couple from wedding planning to the actual wedding including payments.
Down Payment: $1,100,000
Cash Flow: $643,143
Accounts Receivable Included: No
FFE: $450,000
FFE Included: Yes
Inventory: $1,000
Inventory Included: Yes
Year Established: 2011
Days & Hours of Operation: 7 days
Owner Hours Per Week: 12
Managers: 3
Real Estate: $3,000,000
Real Estate Included: Yes
Square Footage: 5,598
Franchise: No
Reason For Sale: Retirement
Training & Support: 1 Month at no charge and as needed for a smooth transition
Financing/Terms: SBA with 20% Down over a 25 year term