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| You have accessed this listing information from the VR National database through: | The participating listing VR Business Broker Office is: |
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VR Business Brokers - Lakeland, FL 1828 S. Florida Avenue Lakeland, FL 33803 (863) 682-4600 www.vrbusiness-sales.com vr4144@vrbusinessbrokers.com |
VR Business Brokers - Tampa, FL 13367 North 56th Street Tampa, FL 33617 (813) 258-0929 www.vrtampa.com info@vrtampa.com |
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Business Listing Details |
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LISTING#: |
M0200: Land & Commercial Property Top Rated Event Business |
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LOCATION: Tampa Bay Area |
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ASKING PRICE $495,000 |
AMOUNT DOWN $495,000 |
REVENUES: $397,686 |
ADJUSTED CASH FLOW |
TOTAL ASSETS |
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| Established in 2003, this special events center provides an elegant exquisite atmosphere for weddings, corporate events, and social functions. In addition to the business, seller owns the 20 acres of land plus buildings that the event business utilizes for hosting weddings and other special events. The business is priced at $495,000 with 2009 discretionary earnings the $153,170 after a rent deduction of $88,000. If a buyer wishes not to rent the property for $88,000 it can be purchased for $895,000. Seller is offering a 10 year land and building lease with an option to renew. The land and building lease is $88k triple net plus a 3% annual increase. The business offers world class amenities at an affordable price. This unique family-owned events venue was rated Best of Weddings 2010 in the West Coast Florida region from “The Knot” Magazine, and has been selected to receive the 2010 Bride's Choice Awards™ for wedding and event venues, from the WeddingWire Network, which includes WeddingWire, Martha Stewart Weddings and over 100,000 wedding professionals across the US and Canada. The award recognizes excellence in quality and service within the wedding industry. Customers can choose from a formal more elegant 5,500 sq. ft. venue or a 4,100 sq. ft. casual relaxed venue. Each wedding is custom designed to fit each individual couple, including the finest catering available for all events. Creative and Unique activities and services are available to inspire and create a memorable event. Experienced well trained staff assists clients with Invitations, Social Stationary, Rentals, Linens, Catering, Décor, Entertainment, Bar Service, and more. The business accommodates all needs including dinner for 2, Cocktails for 30, Luncheons, Teas, Showers, Birthdays, Weddings, Reunions, Anniversaries, Corporate Gatherings of all types, and Charitable Events. Equestrian & boarding services are also available. The business continues to be successful and offers tremendous growth possibilities for a new innovative, energetic buyer. | |||||
| Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies. |