Business Summary
Buy this attractive piece of the American Dream in a small, historic town in Upstate South Carolina! This historic 6000 square foot mansion was built in 1897 and has been beautifully restored. Included in the estate is a Banquet Hall that will seat 150, a covered patio that overlooks the 6 acres and pond, a 3000 square foot home with attached apartment and a beautiful garden where weddings are performed. The mansion and banquet hall are completely furnished with gorgeous Bernhardt furniture and 170 place settings of Onedia china and silver. The owners have primarily focused on the profitable wedding business.
The retiring owners have decided not to expand the business, but it could easily be grown to over one million dollars in revenue.Their clients are middle to upper income families. All this in a beautiful setting near the Cherokee Foothills with lakes and whitewater rafting and upscale communities nearby. People travel from long distances to enjoy the respite and pastoral setting.
Growth is coming to this small town; high net worth retiring boomers are moving nearby. The owners have done little advertising; most customers come in by word of mouth. The owners are selling so they may retire.
Reference # 70106 Westminster, South Carolina
Asking Price: | $1,495,000 |
Gross Income: | $125,000(est) |
Cash Flow: | $100,000(est) |
Downpayment: | Negotiable |
Real Estate Value: | $1,200,000 |
FF&E: | $200,000(approx) |
Inventory: | $0 |
Building & Property
Building: | 4 Buildings- 12,000 sq ft on 6 acres |
Monthly Rent: | N/A |
Real Estate Available: | Included |
General Information
Reason for Sale: | Owners Retiring |
Franchise: | No |
Support/Training- | Negotiable |
Hours: | M-S |
Year Established: | 1997 |
Financing Provided: | Negotiable |
Employees: | FT: 2, PT:1 |
For complete information about this business for sale in SC:
Empire Business Brokers, LLC
Contact: Alan Melton
Empire Business Brokers, LLC
1361 W. Wade Hampton Blvd, Suite F, PMB #253
Greer, SC 29650
Office 864.241.0606 / Fax 864.751.5121
The information and materials in this listing have been provided by the Client. It is to be used for the purpose of evaluating the company as a potential purchase. While the Client believes that such information is accurate, accuracy is not guaranteed, nor should the information be considered complete. Statements contained in the presentation which cover matters of opinion, whether or not so identified, are that only, and are not representative of fact. No representations or warranties are herein expressed or implied.
For more information, contact us today: 864-241-0606 or click here to email us