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East Texas Event Venue, Restaurant and Prive Club

Located in the heart of East Texas near the I-20 corridor, this business is a staple of the local and regional community. With over 17,000 sq. ft. of space in a practically brand new facility, this venue hosts events of all types ranging from elegant weddings and large corporate and community luncheons, to private birthday parties and family celebrations. The event center can host up to 700 comfortably for a seated style meal, and can seat up to 1,000 people in a theater setting.

With a fully staffed and operational restaurant included, the business is also a private club catering to their monthly dues paying members. Located in a high traffic area with nearby accommodations, this business is a must see as an investment or for an owner/operator looking for a project of their own. With key staff in place, this business is built to operate in either scenario.

  • PRICE$795,000
  • SALES$1,343,000
  • CASH FLOW$320,000
  • EBITDA$260,000
  • INVENTORY$7,500
  • FF&E$250,000
  • REAL ESTATEOwned, available for purchase
  • INDUSTRYRestaurant, Catering and Events
  • LOCATIONEast Texas
  • BUSINESS TYPEOwner Operator
  • LISTING ID1138
  • CATEGORY ,
  • TAGS

CONTACT INFO

DRAKE BUSINESS BROKERS

903-581-3750

lee@drake-investments.com

www.drakebusinessbrokers.com

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