Banquet HallsAlabamaMobile

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Entertainment Wedding/Reception Venue
$1,650,000Cash Flow: $140,000
Entertainment Wedding/Reception Venue

Mobile, AL

Long established wedding and party venue for sale. This business was established in 2006 and has done more than 4,000 weddings and parties. The main ballroom seats over 300 people and they have decorations and options to set up in more than 50 different colors for chairs, tables and linens. With private rooms for both the bride and groom this is a great place for both weddings and receptions. On site kitchen and a liquor license make the versatility of this party venue great for any occasion; weddings, anniversaries, reunions, corporate parties, Christmas parties, new years eve parties, birthdays and many more. A second building on the property makes room for even more people as well as options for the party hosts. The second building seats almost 200 people. The 3.8-acre property has ample parking and easy entrance from several sides of the property. With over 15,000 sq. feet this facility offers the perfect place for any type of party. With smaller areas for intimate parties to the large ballroom with dance floor and more! This business does more than 150 parties a year and shows $200,000.00 in revenue on their tax returns. Buyer can show you how to greatly improve revenues. Buying this business includes the property and buildings valued over 1.2 million, furniture, fixtures and equipment valued around $375,000.00 and parties already booked well into the next year with Cash deposits. Income generated from day one of ownership this can all be yours for $1,650,000.00. Please call for more information. NDA required.


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