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Premier Event Venue with Established Clientele

Banquet HallFor sale in Thousand Palms, CaliforniaEst. 20091 employee
Premier Event Venue with Established Clientele
Photos on request

$325,000

For Sale
Asking price
  • Real estate included

    The property comes with the business.

  • Training included

    The seller will help you get up to speed after closing.

  • Established 10+ years

    A track record buyers and lenders tend to trust.

About this business

Stylish and modern event venue in affluent Palm Beach community, offering 5,000 sq. ft. of versatile space for weddings, corporate events, and parties. Features high-end finishes, open floor plan, and ample parking. Established client base and excellent location present a rare opportunity for growth in South Florida's premium event market.

The numbers

How the asking price compares with what the business brings in each year.

  • Asking price$325,000
  • Annual Revenue$474,061
  • SDE$96,891
3.4×
Price to SDE
0.7×
Price to revenue
20%
SDE margin
Approximate FF&E
$45,000

Details

2009
Established · 17 yrs
1
Employees
Banquet Hall
Business type
Leased
Premises

Financing & transition

Training after the sale
Included
Cost
Free
Duration
4 weeks

Property & lease

Premises
Leased
Rent (monthly)
$12,100
Lease Expiration
Mar 31, 2027

Where it is · Thousand Palms, California

Somewhere in Thousand Palms, California. The exact address is not on this listing.

Somewhere in Thousand Palms, California

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