Highly Profitable Event Halls for Sale (currently Monte Carlo Ballroom)
Atlanta Leasing Investment is pleased to offer Monte Carlo Ballroom (the “Business”) for purchase. The Business consists of three highly-profitable contiguous event halls located in Norcross, GA. The business sale will be structured as an asset sale including the assignment of all the business’s current lease, existing inventory, and all existing bookings. All brand, website, and social media remains with existing owners. Showings by appointment only. DO NOT APPROACH STAFF ON YOUR OWN.
Established event hall with 5 years remaining on the current lease plus a five year renewal option. Strong income in place with projected annual revenue increases. Inquire for business financials. Priced at 3X projected 2023 revenue with potential to increases revenue immediately upon purchasing.
• 5 years remaining on the current lease with a five-year renewal option;
• Priced at 3X projected 2023 revenue;
• Bookings in place through the end of 2023;
• Established and credible event hall;
• High visibility location with +/- 40,000 vehicles/day.