Tupelo Data Room
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Banquet Halls
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Elegant and Trendy Event Venue / Party Planning Business

El Paso, El Paso County, Texas, United States
Asking Price$91k
Revenue-
EBITDA$17k
Cash Flow-
Description
This is an excellent opportunity to own a well-established and trendy event venue in a prime location on Mesa in West El Paso. This popular venue has been serving the El Paso community for 4.5 years and features a stylish and elegant atmosphere that appeals to modern tastes. The venue is fully equipped with chic decorations and props that are on trend for 2024, making it a hip and attractive location for a wide range of events including weddings, parties, corporate events, and photo shoots. The business spans 2,200 square feet and boasts a favorable lease rate of $2,900 per month, locked in until April 2027, providing long-term financial stability. The space includes all the amenities needed for a seamless party experience, and with no further upgrades or rebranding requirements, you can step in and start operating immediately. An ideal buyer for this business is an owner-operator who is hands-on and dedicated to continuing the success of this established venue. The current owner is open to seller financing; please submit a deal structure to the business broker, and he will present it to the owner. The seller is committed to a smooth transition, offering comprehensive training and support. The experienced and dedicated staff are willing to stay on with the new owner, ensuring continuity and stability
Real Estate
Rent is $2,900 per month
Building Size: 2200 sq. ft.
Furniture Fixtures & Equipment
$12k
Inventory
$20kIncluded in Asking Price
Number of EmployeesFull-Time: 3
Year Established
2020
Asking Price$91k