Wedding & Corporate Event Center In Fayetteville For Sale

Business description

Riverbend Event Center 14,000 square feet on 6.6 acres. No money down. Purchase possible. Owner ready to retire. Make Offer!

Property information

Real Estate:

Real Property Included

Living accommodation:

1600 square foot furnished appartment in the Riverbend Event Center which can be used as personal living space or rented as accommodations for the events. Receive 20 percent fee for management of condominiums on Riverbend Farms

Location:

This magnificent 14,000 sq. ft. structure sits in the midst of 750 acres of rolling hills on a Southern Middle Tennessee farm located 30 minutes from Huntsville, Alabama, 1 hour and 15 minutes from Nashville and Chattanooga Tennessee, and 2 hours from Atlanta, Georgia. It is the perfect site for weddings, receptions, corporate events, reunions, Christmas parties, any event where privacy, superb food and excellent service is demanded.

Large weddings are effortlessly handled in the Main Room or 240 seat auditorium, with sound equipment and stage provided, or you can choose in one of our beautiful outdoor settings. There are several glorious locations for small weddings as well. Full catering service is provided. Unlimited parking is available on site.

Accommodations available on site include 8 completed Condos with proposed 42 for a potential on site bed base of approximately 150.

Size in square feet:

14,000 Square Feet on 7 Acres

Other information

Expansion potential:

You will be getting in a on a fast growing Lehr Jackson www.lehrjackson.com Development with an established business. Potential to purchase the adjoining properties to be developed into the Shops at Riverbend, to include structures and acreage. Growth of condos will expand income. Also have the rights for other recreation activities on the Riverbend Farm.

Competition / Market:

Very price competitive to similar facilities in surrounding metro areas such as Nashville, Huntsville, Chattanooga, Atlanta, Birmingham.

Support & training:

Support and training can be negotiated

Reasons for selling:

Retirement

Financing available:

Will take note for up to the 20 percent down payment required for bank financing so the purchaser with appropriate credit can get in with no money down.

Furniture / Fixtures value:

$100,000 (included in the asking price)

Inventory / Stock value:

$10,000 (included in the asking price)

Website:

www.riverbendeventcenter.com