Wedding Venue and possible B&B

Auburn, AL (Lee County)

Wedding Venue and possible B&B
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Asking Price: Get Financing: $498,000

Cash Flow: $40,258

Gross Revenue: $78,963

EBITDA: N/A

FF&E: $25,000

Inventory: N/A

Real Estate: $492,000

Established: 2014

Wedding Venue and possible B&B

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Business Description

Say "I do" to this amazing opportunity! Price includes real estate!

Imagine a place where you can marry under wide open skies and breathe fresh air. Lit with chandeliers, and boasting a kitchen, bar, and bridal area, this beautiful wedding venue provides couples with an opportunity for a fabulous but affordable ceremony and private reception. The venue is strategically located about 25 minutes from Auburn University providing a steady supply of future clients. The business is open year-round for weddings and there is ample potential to increase revenues by adding complimentary services such as floral, planning, catering or photography. There is a huge untapped opportunity as the purchase price includes a 3-bedroom house that could be rented out by the week/weekend for the wedding party and/or their guests. In the broker’s opinion this is an ideal target for someone already involved in the wedding industry who is looking to acquire additional revenue streams.
BUSINESS HIGHLIGHTS
Unique business in beautiful location. 4400 sq ft Wedding Venue and 3-bedroom house on 6 acres. Growing industry. Stable history of profitability. Alcohol license and Food Certification license.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4400 sq ft wedding facilities on 6 acres plus separate 3 bedroom, 2 bath house.
Support & Training:
Seller will support new owner for 2-3 events. A set-up/operations manual will also be supplied at closing.
Reason for Selling:
Moving closer to family.
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Contact the Seller

(from currently available funds)
 
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Rebecca Walker-Jones

Business Listed By:
Rebecca Walker-Jones

OLD Inc Business Brokers

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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.

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