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Banquet/Convention Facilities Business For Sale in Ottawa Region, ON (Listing ID: 4153)

Banquet/Convention Facilities
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Annual Return On Equity Calculator

Annual Earnings:

$27,945

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

%

Banquet/Convention Facilities

Charming Wedding and Event Venue Business including Property

Located in a quaint historic town is a turn-key wedding and event venue business for sale, including the property. This is your opportunity to own a distinguished real estate investment and thriving year-round venue business. The property is recognized for its modern design within a designated heritage building. This intimate venue features a 1,200 sq. ft. indoor event space to host groups of up to 80 guests and over 3000 sq. ft of outdoor event space. The venue is situated in a prime location and within walking distance of local boutiques, restaurants, and accommodation services.

The business offers several wedding packages for a variety of budgets, ensuring a broad and steady client base. In addition to weddings, the business also rents out the space for corporate, social, and community events as well as studio booking for photography and videography needs, allowing a ton of growth potential. The current owners have been operating the business part-time and there is great potential for growth in each of these areas, as well as the opportunity to build additional services and offerings into the operations to further scale revenue. Listing ID: 3681

$650,000 CAD

Ottawa Region, ON Banquet/Convention Facilities Business For Sale Details

Independent

Company Name:

Charming Wedding and Event Venue Business including Property

Legal Body:

Incorporated

Established In:

2020

Gross Revenue:

$ 118,061

Annual Earnings:

$ 27,945

Land/Building Included:

Yes

% of Business Selling:

100%

Reason for Sale:

Personal

Financing Available:

No

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

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