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Venue Business For Sale I Seller Financing Available


Call For Offers! Business venue for sale in St. Charles, IL, nestled beside the river in the heart of the downtown corridor. This venue caters to all types of parties and events including weddings, corporate events, and private functions. The venue boasts a flexible floor plan with multiple event spaces that can accommodate events of various sizes, from intimate gatherings to large-scale events. The property features stunning architecture and tasteful décor, creating a welcoming and elegant atmosphere. The approx. 6,625 sq.ft venue seats 165 people and comes with a full kitchen, ample parking, and modern audiovisual equipment to enhance any event. This business has a track record of success, with a loyal customer base and excellent reviews. The staff is highly experienced and knowledgeable, ensuring that every event is executed flawlessly. With a prime location, established reputation and endless possibilities for growth, this venue is the perfect investment opportunity for anyone looking to enter the event industry or expand their existing business. Don’t miss out on the chance to own a premier event venue in one of the most sought-after areas.

All figures are pro forma figures.

Please do not disturb employees all showing are by appointment only.

If you have any questions contact listing agent Paul Proano
Mobile: 312-860-4043 or email paul@paulproanoproperties.com

Listed By: Omar Kettani

Background information

Reference:

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Year established:

2020

Reason selling:

Exit Strategy For Other Investments

Finance

Sales:

$1,350,000

EBITDA:

$500,000

Operations

Employees:

10

Equipment:

Included in asking price $250,000

Inventory:

Included in asking price

Premises

Facility:

See Documents for: Equipment List

Rent and lease terms:

$8,278.87 per Month

Location:

St Charles, IL

Opportunities

Growth:

Sellers just signed a five year lease on the second floor for a changing room so that guests can book more events, a birthday party or wedding etc. This location stays on growth mode due to their dedicated catering team that is happy to help create the perfect menu for any size or budget. The banquet hall, wedding venue, and four-season covered patio can accommodate an event seating 160+ party guests.

Price and terms

Price:

$2,000,000

Financing:

Negotiable

Training:

Yes, Seller Will Provide Any Training if Needed For Help With The Transition.