Ballroom
Report Date: 6/23 Office Id# 394442
Location: 1 hour west of the Twin Cities
Primary Category: Restaurant/Ballroom
 

Financial Information

Asking: $250,000 Gross: $ 150K - $200K appx Cash Flow: $ Not disclosed
Furniture, Fixtures & Equipment: $ 50,000
Inventory: $  0  (not included in sale price)
Real Estate: $  150,000  (included in price)
Financing:  New Financing, make offer
 
Summary Description:

Long established ballroom 7 miles south of town with the population of 12,000 on Major Hwy.  Groups of 400 can be seated comfortably for good wedding or 1,000 people for an indoor concert.  Booking events into 2009, presently with many weddings already scheduled.  Facility is adjacent to The County Park with camping facilities.

 
General Information:
Facilities: 10,000 sq ft on 3 acres
Competition:

Only Ballroom for events in the area.

Growth & Expansion:

Indoor/outdoor concerts, fund raisers, family reunions, endless possibilities for this facility.

Support / Training: 14 days for new owners.
Reason Selling: Retirement
Year Established: 1970
Employees: 3 Part time
 
Contact information:
Contact: Jerry Vlaminck Phone: 763.972.9077 OR 763-972-9080 Fax
Email: hospitalityserv@frontiernet.net  
Prospect Contact Options:
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      Ask for prospect's available funds
      Ask for prospect's time frame
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