Listed 2 weeks ago Entertainment & Recreation

Established Versatile Event Venue for Sale in Connecticut

Asking price
$1,190,000
Cash flow (SDE/EBITDA)
$150,000
Multiple
7.9x
Verified todayGrowth TrajectoryHigh CapEx

Why this business stands out

This Connecticut event venue serves weddings, private celebrations, corporate functions, and community events through flexible event spaces. The combination of operating business and real estate ownership offers multiple revenue opportunities and may appeal to buyers seeking an asset-backed hospitality investment.

Financing snapshot

An illustrative SBA 7(a) scenario based on the figures above. Model your own assumptions in the SBA loan calculator.

Asking price
$1,190,000
Cash flow (SDE/EBITDA)
$150,000
Est. down payment (10%)
$119,000
Est. SBA loan (10yr @ 10.5%)
$1,071,000
Est. monthly payment
$14,452
Annual debt service
$173,418
Owner cash flow after debt
-$23,418
Debt Service Coverage Ratio
Below coverage
0.86x

Illustrative only — not a financing offer. Assumes a 10% down payment and a 10-year SBA 7(a) loan at 10.5%. Actual terms vary by lender, deal structure, and buyer profile.

The DSCR shown is computed on raw cash flow — before the owner-salary, maintenance-capex, and rent adjustments SBA lenders apply when underwriting. Model the lender's view in the DSCR calculator.

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Frequently asked questions

How much does this entertainment & recreation business cost?

The asking price is $1,190,000. Exact terms and any seller financing are confirmed directly with the seller after you sign up.

What is the cash flow and valuation multiple?

This business reports approximately $150,000 in annual cash flow (SDE/EBITDA), implying a 7.9x multiple on the asking price.

Where is this entertainment & recreation business located?

It operates in the Connecticut area. The exact city is shown after you create a free Searcher OS account.

Can this acquisition be financed with an SBA loan?

Many businesses in this price range qualify for SBA 7(a) financing, which can cover up to 90% of the purchase price over a 10-year term. See the financing snapshot above for an illustrative scenario.