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Horn Lake, MS

  • Listing No.: 133-00096

  • Category: Leisure/Entertainment

Asking Price $350,000.00
Down Payment
Gross Revenue $482,564.00
Total Adjusted Net Income $163,763.00
Equipment / Fixtures $150,000.00
Year Established 1995
General Location Horn Lake, MS
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This business has won multiple awards for events and catering over the past twenty years. The owner is ready to retire and wants to sell his business to someone looking for a turn-key, very successful, well know events company that is a powerhouse in the Horn Lake, Memphis and surrounding market space. They own the banquet hall and kitchen, which the owner is willing to sell or lease depending on which option the buyer would like. They are a one stop shop for weddings, banquets, corporate events and many other functions. Their stellar reputation of throwing the perfect events is what has kept sales and profits high each year. This is an amazing opportunity for a buyer to purchase a top quality profitable business. Seller will stay on to transition and train a buyer. Please contact today for more information.

Gross Revenue $482,564.00 Listed Price $350,000.00
Total Income $163,763.00 Down Payment
Base Rent $2,500.00 Square Feet 7000
Total Rent $2,500.00 Lease Expiration
Rent Deposit Lease Options
Inventory Not Included Leasehold Improvements
Equipment / Fixtures $150,000.00 Other Assets
Full-Time Employees Training Period 4 Weeks
Part-Time Employees -2 Special License Required
Contract Staff Reason for Selling Retiring

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.