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Special Events/Wedding Venue Estate… One-of-A-Kind… Award Winning… Pre

Fulton County, GA

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Asking Price: $5,540,000

Cash Flow: $288,476

Gross Revenue: $1,252,866

EBITDA: N/A

FF&E: $560,000

Inventory: $25,000

Real Estate: $4,700,000

Established: 2005

Special Events/Wedding Venue Estate… One-of-A-Kind… Award Winning… Pre

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Business Description

This is a One-of -a Kind Exceptional Facility.
• Incredible Mansion/Estate
• Weddings and Special Events Facility Booked a year in advance
• Extraordinary grounds and gardens
• Full Service Facility
• Proprietary software to manage all aspects of business
• Great website
• Strong Social Media
• Award Winning/ Great Reputation
• Lots of Room-to-Grow

Detailed Information

Location:
Fulton County, GA
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
20,236
Employees:
6 ft. - 28 pt.
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
• Main Mansion – 20,236 sq. ft. • Open Air guest facilities – 9.860 sq. ft. • 2 very large ballrooms • 3 smaller rooms • Huge Commercial Kitchen • First-Class fully stocked Private Bar • Audio Visual Center • Pond/Waterfalls/incredible with Landscaping • 4 Patio areas/Gazebo’s • Commercial Sprinkler system • Gate House • Maintenance building • Atrium • Laundry • Sales Office • Includes 17 acres Commercial Property • 5 undeveloped acres for growth • Lots of private parking • Land and Building has current appraisal of $4,700,000.
Competition:
There are many wedding venues but very few as upscale with both the indoor and outdoor features capable of handling as many guests.
Growth & Expansion:
Currently nearly all business is on weekends for weddings. There are many Growth and Expansion Opportunities for New Owner, with lots of potential related to corporate/commercial customers and the growing Movie/Film Industry in Atlanta. • Develop commercial/corporate meeting/events business • Open Restaurant in current facility • Start high-end catering business in current facility • Do multiple weddings on same weekends • Develop partnerships with Movie Industry Additionally, there is a huge opportunity for growth by developing the 5 unused acres include with the sale. Some possibilities include: • Add a small “Boutique Hotel” • Add a Wedding Chapel • Add several cottages or “Guest Houses”. It is estimated that a small hotel would be booked at near capacity most of the time with the weddings and movie quests that would want to use the facilities.
Financing:
Some may be possible for qualified buyer.
Support & Training:
Seller expects to include a comprehensive training/transition for the new owner.
Reason for Selling:
Seller is relocating out of state.
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Contact the Seller

(from currently available funds)
 
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Ron Yurick, C M&A P

Business Listed By:
Ron Yurick, CM&AP

Atlanta Advisory LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities.

Listing Statistics

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