Established Versatile Event Venue for Sale in Palm Bay, FL
Why this business stands out
This established event venue on a sizable Florida property hosts weddings, corporate functions, private celebrations, and related events. Multiple indoor and outdoor settings, established referral and marketing channels, existing bookings, and reported cash flow create a compelling platform for an events-focused buyer.
Financing snapshot
An illustrative SBA 7(a) scenario based on the figures above. Model your own assumptions in the SBA loan calculator.
- Asking price
- $2,400,000
- Cash flow (SDE/EBITDA)
- $149,418
- Est. down payment (10%)
- $240,000
- Est. SBA loan (10yr @ 10.5%)
- $2,160,000
- Est. monthly payment
- $29,146
- Annual debt service
- $349,752
- Owner cash flow after debt
- -$200,334
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 $2,400,000. 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 $149,418 in annual cash flow (SDE/EBITDA), implying a 16.1x multiple on the asking price.
Where is this entertainment & recreation business located?
It operates in the Palm Bay-Melbourne-Titusville 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.