Business For Sale Listing 132299
Ultimate Environmental Conference Center
Status as of Nov-21-2008 at 06:04 PM: Active
Business Summary
DESCRIPTION: Location-Location-Location! This newly constructed (2004) high-tech conference facility is ideally situated to serve Maine’s most populous areas. Situated on approximately 29 acres this amazing structure can accommodate up to 300 guests. This energy efficient property is certified as an “Environmental Leader” through Maine’s Department of Environmental Protection green lodging program. An adjacent-eight room B&B/Inn enjoys a 51% occupancy rate and the property has ample room for additional lodging facilities. The sale includes real estate and is suitable for a 1031 Exchange.
MARKET: The “gathering place” event center has a following of Central Maine based non-profit and governmental agencies that use the facility on an exclusive basis. The space needs to be marketed to clients in a broader geographic area. There is a strong demand for facilities that can host weddings, business meetings and other events in a setting other than a hotel ballroom. This business is in a unique position to meet those demands as well as being a property that encourages environmentally friendly practices. The current owners recognize that new ownership needs a marketing background.
FACILITIES: The facilities have been designed for ease of maintenance and energy efficiency. All the infrastructure is in place to allow new ownership to take over without having to undertake a major expansion.
PRICE OF BUSINESS: $900,000
PRICE OF REAL ESTATE: $3,300,000
WORKING CAPITAL NEEDED: $50,000
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million ($990,000) |
| Profits: |
Between $500 Thousand and $1 Million ($570,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
ProForma |
| Asking Price: |
Between $2.5 Million and $5 Million ($4,200,000) |
