TURN-KEY EVENT VENUE - ESTABLISHED BUSINESS WITH IMMEDIATE INCOME POTENTIAL
This versatile event venue presents an exceptional opportunity in Richland, WA, where it enjoys a unique market position with no direct competition for medium-sized event hosting. Established in 2022, this turn-key operation comes with an existing book of business and scheduled events, providing immediate revenue generation.
BUSINESS OVERVIEW:
The 5,600 square foot facility specializes in hosting diverse events including baby showers, graduation parties, birthday celebrations, business VIP gatherings, holiday parties, church events, reunions, and conference rentals. The business operates with minimal overhead, requiring only one employee, and benefits from absentee ownership structure.
PROPERTY FEATURES:
- Spacious 5,600 sq ft event space designed for medium-sized gatherings
- RV bay offering storage potential or additional lease income opportunities
- Two private offices, each with dedicated bathroom facilities
- Two ADA-accessible restrooms for guest convenience
- Roll-up RV doors providing easy load-in/load-out access for events
- Real estate included in sale, valued at $1,600,000
REVENUE OPPORTUNITIES:
Current income streams include event bookings across multiple categories. Significant growth potential exists through securing Monday-Thursday contracts for fitness classes, paint parties, MLM events, and community gatherings. The venue's flexibility allows for diverse revenue generation beyond traditional event hosting.
MARKET POSITION:
The business enjoys a competitive advantage with no direct competition in the local market for this type of medium-sized event space. This unique positioning provides pricing power and market share protection.
OWNER SUPPORT:
Seller provides one month of training to ensure smooth transition and operational continuity.
FINANCING:
Multiple financing options available including cash, SBA loans, and commercial lending.
This established business offers an ideal opportunity for entrepreneurs seeking a profitable venture in the growing event industry with strong fundamentals and expansion potential.
Ad#:2386392
