Over 6000 SF Events Venue with a pool and gazebo. Pigeon Forge TN

Business Opportunity for Sale
Catylist Listing ID: 30837079
Property Subtypes: Professional Services
Building Size (RSF): 6,104 SF
Sale Price: $2,300,000
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 5/25/2023

Overview / Comments

Endless Views and Endless possibilities! A RARE FIND! Beautiful Wedding Venue but could be converted into a lodge or large short-term rental. Located in Black Bear Ridge Resort, sitting on 1.5acres. Excellent Views and location, this is a turn-key business. With the potential to do more. Large Reception Hall with the ultimate Chef's commercial kitchen. Upstairs is a spacious office area which could be made into livable space. There is a salon, spa area, along with multiple other rooms, and additional space in the basement. This is a nice property, with over 6000 square feet of useable space. An all-exclusive venue since 2006 producing positive income each year. Accommodating up to 65 guests. Some wedding features currently being offered include... Elopement packages to fully inclusive packages. Decorated chapel with large altar window overlooking a gorgeous view. Custom stained-glass windows made by a local artist adorn this chapel. Beautiful Outdoor Gazebo and Cinderella carriage. Services onsite including Minister, Photographer, Coordinator, onsite salon, fully catered and decorated reception hall, flowers, unity ceremonies, dove releases, tuxedo rentals, DJ, and much more. Located minutes to Dollywood, Gatlinburg, and the National Park. In the past the owner held a beer license and operated a restaurant out of the reception hall. A food delivery service would be ideal, servicing the resort alone could potentially increase revenue another 300k. The swimming pool is also included with this sale and is currently being offered to resort cabin owners for a fee.

Additional Details

Nearest MSA: Sevierville
County: Sevier
Industry Segment: Other Professional Services
Reason for Selling: Owner retiring
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0
Part of Planned Development?: Yes

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,235 7,298 23,514
Median Age: 40.96 39.6 40.96
Households: 876 2,780 9,270

Contact

© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Knoxville Area Association of REALTORS┬« nor Moody's assume any liability for errors or omissions.