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Professional Event & Meeting Facility

Ohio

Asking Price: Gross: Cash Flow:
$3,600,000 $2,623,394 $599,650

Furniture and Fixtures Value:
$487,000 (included in the asking price)

Business Summary:
This 35,000 plus sq. ft. professional meeting and training facility has been operating for since the early 2000's and has produced consistent sales and profitability over these many years. Although closed 2020 through 2021 due to Covid, the business is back on track and moving in an upward trend from prior operational years. The company offers an ideal setting for many types of meetings and events catering to clients both locally and nationally. They have well documented systems in place and an experienced staff dedicated to ensuring the highest level of service, resulting in high customer satisfaction and referrals.

 
   
   
Year Business was Established: 2001
   
Number of Employees: 10 FT / 3 PT  
   
Facilities / Terms of Lease: 35,000 plus square foot newly renovated facility offers an ideal setting for meetings and events.  
   
Potential Growth/Expansion: Strong potential for growth.  
   
Competition: Full service hotels.  
   
Owner willing to train: Will train for 4 weeks @ no cost  
   
Reason for selling: Moving towards retirement.  
 

 

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