Price: $5,990,000
Location: Toronto
Province: Ontario
Industry: Events
Listing ID: EBB-1022-2
Since 1991, families and corporations choose this Ballroom to host their functions. This event venue can accommodate a sit down type of event up to 300 people (full capacity of 338 people including Staff), and their expertise and many years in the business will help you plan on your special day.
Located in the GTA, this is a busy and popular facility. With approximately 7,200 s.f. of space, the facility can accomodate most any kind of wedding, corporate event and social event. The facility can be separated into 2 separate venues.
This business currently supports 100-120 Event per year, on average (except during COVID restrictions)
Fully equipped with available contracted staff, this is a turn key operation ready for the next generation!
Price includes Real Estate, Business, Equipment and Inventory
FFE: $1
FFE Included: Yes
Inventory: $1
Inventory Included: Yes
Year Established: 1991
Year of last Acquisition: 2012
Days & Hours of Operation: Dependant on planned events
Real Estate: $1
Real Estate Included: Yes
Facilities Information: 7,200 s.f. facility, can be split into 2 venues
Reason For Sale: Retirement/Other Interests
Training & Support: Seller to provide transitional support and training
Competition: Declining in the area due to COVID and local development
Potential Growth: Add more events