Unique Event Venue

Poquoson, VA

This updated and modern event venue has become a popular spot for weddings, parties, corporate events, and other private gatherings. The space is bright, open, and versatile, allowing it to accommodate a wide range of event types and group sizes. The business is easy to operate, with the owners primarily handling bookings and coordination while outside vendors take care of cleaning and event setup. The venue is rented by the hour or by the day, creating a simple business model with low staffing requirements. There is also plenty of room for growth through additional event services such as catering, bar service, decorations, or event planning. A full commercial kitchen is already in place and currently not being fully utilized, providing additional upside for a new owner.

Listing Number:

25430

Category:

Leisure/Entertainment

Location:

Poquoson, VA
$149,900

Financial Information:

Gross Revenue:

$68,954

Listed Price:

$149,900

Down Payment:

$0

Total Income:

$30,858

Year Established:

2024

Lease Information:

Square Feet:

2800

Total Rent:

$4,280

Lease Expiration:

09/2027

Lease Options:

1-5

Asset Information:

Leasehold Improvements:

$100,000

Equipment / Fixtures:

$13,000

Inventory:

$0

Other Assets:

N/A

Additional Information:

Full-Time Employees:

0

Part-Time Employees:

0

Special License Required:

No

Contract Labor:

4

Training Period:

2 Weeks

Reason for Selling:

Other business and family reasons

Hello World

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Timothy Johnson
Office: (757) 866-2321 | Cell:
License #:

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

A red and white logo for first choice business brokers
Unique Event Venue
Poquoson, VA

Listing Number:

25430

Category:

Leisure/Entertainment

Location:

Poquoson, VA

Listed Price:

$149,900
brokerPhoto
Timothy Johnson
Office: (757) 866-2321 | Cell:
License #:
This updated and modern event venue has become a popular spot for weddings, parties, corporate events, and other private gatherings. The space is bright, open, and versatile, allowing it to accommodate a wide range of event types and group sizes. The business is easy to operate, with the owners primarily handling bookings and coordination while outside vendors take care of cleaning and event setup. The venue is rented by the hour or by the day, creating a simple business model with low staffing requirements. There is also plenty of room for growth through additional event services such as catering, bar service, decorations, or event planning. A full commercial kitchen is already in place and currently not being fully utilized, providing additional upside for a new owner.

Financial Information

Gross Revenue:

$68,954

Listed Price:

$149,900

Down Payment:

$0

Total Income:

$30,858

Year Established:

2024

Lease Information

Square Feet:

2800

Total Rent:

$4,280

Lease Expiration:

09/2027

Lease Options:

1-5

Asset Information

Leasehold Improvements:

$100,000

Equipment / Fixtures:

$13,000

Inventory:

$0

Other Assets:

N/A

Additional Information

Full-Time Employees:

0

Part-Time Employees:

0

Special License Required:

No

Contract Staff:

4

Training Period:

2 Weeks

Reason for Selling:

Other business and family reasons

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.