Multiple Event Venues w/Real Estate-Middle TN-Highly Successful-Turn-Key

Tennessee

Hot

Business Description

This offering presents a rare opportunity to acquire a turnkey portfolio of multiple award-winning event venues located in Middle Tennessee. The transaction encompasses the individual business operations for each location, and its real estate and/or leases. The sale includes all associated furniture, fixtures, and equipment (FF&E), branding, marketing assets, websites, and dedicated customer relationship management system (CRM). Immediate revenues are in place from existing bookings, utilizing staff and fully equipped furniture, fixtures, and equipment (FF&E) which are included. While the sale covers the primary assets and operations, inventory will be valued separately at the time of sale.

A key highlight of this investment is the acquisition of core real estate assets situated in high-growth corridors of Middle Tennessee. Additionally, the portfolio has additional asset value due to capital investments and improvements made to the properties/ businesses. Strategically located in some of Middle Tennessee's most desirable and rapidly expanding areas, the venues maintain a strong pipeline of corporate, wedding, and high-end clients.

The strategic strength of this portfolio lies in its ability to cater to nearly the entire spectrum of the high-end event market through diversified and complementary business models. This diversity allows a new owner to streamline operations, leverage shared vendor networks, and implement cross-venue growth strategies.

The owner is selling this successful portfolio to pursue new business ventures and is committed to ensuring a smooth transfer of ownership. The sale includes a four-week transition period during which the owner will provide training on administrative, operational, and accounting systems. To protect the business's market position, the owner will negotiate and sign a Non-Compete Agreement satisfactory to all parties. This arrangement allows a new owner to immediately leverage the current success of the brands and execute identified growth strategies, such as expanding in-house services.

The owner requires a signed NDA and Confidentiality Agreement along with evidence of financial purchase capacity and related experience before releasing the CBR (Confidential Business Review) pitchbook. The locations of the venues will not be provided without this. The picture shown is not the actual business.

Reasons for buying this business:

• These turn-key venue businesses have proven systems that make them ready for growth adding additional service verticals.

• There is opportunity for additional value creation, taking advantage of the systems and branding the owner has meticulously built.

• There is a large barrier to entry due to the time, trust and work it has taken to build and maintain regional event planner relationships, recurring customers, vendor supplier relationships, and the lack of spaces available to accommodate ongoing large-scale events.

• The owner is committed to a successful transition with hands on training and knowledge transfer. He will teach the new owners the successful methods he has used to build and retain a successful staff and ongoing operation.

• The owner has invested in operating systems, has experienced team members in place, and built strong brand reputations for a truly turn-key business opportunity.