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Lease/Purchase! Booked 6k Sq Ft NE Oklahoma Wedding Venue
This company is a recently completed (2018), well-designed, and beautifully decorated premier wedding and event venue featuring 6,000 square feet of modern rustic elegance situated on approximately 3 acres. Its high ceilings and gigantic crystal chandeliers, combined with its thoughtfully designed indoor and outdoor spaces and amenities, make it the perfect place for a wedding or any social gathering. This popular venue is being sold for the value of the real estate and FF&E on an owner carried lease/purchase.
Although it already has hosted over 300 weddings and has numerous events booked well into the future, this popular venue is ready for a profitable transition to new ownership. The current owner is willing to stay involved on some level but desires to transition back into her career.
Avg. Discretionary Earnings: $80,044
Real Estate:$800,000 (Included)
Furniture, Fixtures & Equipment (FF&E): $105,000
Listed By: John Sherrill (CBI)
Background information
Reference:
N151-JS
Finance
Sales:
$122,986
Profits:
$80,044
Profit type:
Discretionary Earnings
Price and terms
Price:
$905,000