High Profit Dream Lifestyle Top Ranked Event Center For Sale

Business description

We are representing Colorado's top ranked event center awarded by the Nation's Leading Wedding Publication. This green-accredited business hosts events in a stunning setting with diverse facilities, surrounded by rugged wilderness, yet only a short distance from multiple metropolitan areas. Owners, staff and guests enjoy celebrating in a mountain setting of a lifetime, and vast recreation opportunities. Cash flows remain strong and growing despite current economy, due to industry niche, and evidenced by bookings well into 2011.

Property information

Real Estate:

Lease

Lease terms:

Lease is negotiable as the current owners will retain ownership of the facilities and property. $275K/year lease is what has been burdened against the actual cash flows of the business ($625K actual - $275K lease = $350K net cash flows for business operator).

Leasehold rent:

$275,000 per annum

Location:

Acclaimed as one of the “Last Perfect Places in Colorado” by one of Denver's Premier Magazines, this spectacular historic site has attracted guests since 1908. Situated at 8,300 feet at the entrance to a Top 10 national park, the 13 acre site includes pine forest, aspen groves, wild flow meadows, abundant wild life, and one of the top wild trout streams in the U.S. Immediate access to trailheads, waterfalls, lakes, game trails, horse paths and vast recreational activities have attracted generations of repeat customers, and promise a new owner a lifestyle of blissful balance. This seemingly secluded mountain retreat is only a short distance from Denver, Boulder, and other major metropolitan areas.

Premises details:

Classic Rocky Mountain charm best describes the facilities. Wood and stone craftsmanship create an air of casual elegance. The 12,000 sq.ft. 3-story main building includes wrap-around decks with spectacular views, 2 large banquet rooms, 2 bars, 6 guest rooms (including a master suite), a main kitchen, a satellite kitchen, a bridal changing room, and a children’s activity room. Picturesque outdoor facilities on the property include a natural amphitheater atop a rushing stream, a meadow wedding site carpeted in wild flowers, and a stable/outfitter.

Other information

Expansion potential:

There is tremendous potential for the right acquirer. A buyer can obtain and leverage very strong financials, exceptional reputation, a rare location, diverse facilities, and multiple avenues for additional growth, including expanded event types, catering services, lodging, and ancillary services (spa, recreation, etc.)

Competition / Market:

The business enjoys a strong competitive position, as evidenced by years of international recognition, current #1 ranking in Colorado, and consistently highest bookings relative to its competitors. Sustainable advantages and barriers to entry include 100 years of returning guests and word-of-mouth, a one-of-a-kind and extremely advantageous location, and a unique property exceptionally well suited for events.

Support & training:

A backlog of bookings, management team, and mature business infrastructure will provide a solid foundation for the transition. Seller is available as needed to ensure the new owner's success and get quickly up to speed so they can start enjoying the business and area.

Reasons for selling:

Health issues

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Lenders have been identified, reviewed the company, and proposed a structure.

Furniture / Fixtures value:

$350,000 (included in the asking price)

Inventory / Stock value:

$75,000 (included in the asking price)