Profitable Banquet Hall with Strong Community Venues
$250,000
Training included
The seller will help you get up to speed after closing.
About this business
Premier event hall in Houston with 13,600 SF space, specializing in Quinceañeras, weddings, and corporate events. Strong reputation with loyal clientele and significant growth potential. Includes in-house coordination, décor setup, and vendor partnerships. Ideal for entrepreneur looking to expand this thriving community venue.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$250,000
- Annual Revenue$582,500
- SDE$111,700
- 2.2×
- Price to SDE
- 0.4×
- Price to revenue
- 19%
- SDE margin
- Approx. Inventory Value
- $89,800
- Approximate FF&E
- $150,000
Details
- 2021
- Established · 5 yrs
- 1
- Employees
- Banquet Hall
- Business type
- Leased
- Premises
Financing & transition
- Training after the sale
- Included
- Cost
- Free
Property & lease
- Premises
- Leased
- Rent
- $12,398
- Lease Expiration
- Dec 31, 2026
Where it is · Houston, Texas
Somewhere in Houston, Texas. The exact address is not on this listing.
Ad#:791
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Thinking of selling your business?
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Verified broker · 8+ years experience · Active on Venturu marketplace