Upscale Arts and Events Venue with Diverse Entertainment Programming

Entertainment & Recreation
Palm Beach County, FL
Asking Price:
$3,500,000.00
The total price the seller is asking for the business.
Listing Image

Business Overview

Positioned in a dynamic South Florida market, this entertainment venue has cultivated a distinct reputation since its inception in 2015. The space offers a sophisticated environment combining live performances with an upscale guest setting that includes reserved seating and comprehensive beverage service. Over nearly a decade, the enterprise has secured a loyal customer base through its curated events that engage a broad demographic, enhancing return patronage. This business benefits from a stable population with noticeable income levels in the surrounding Palm Beach County, supporting sustained demand for cultural and leisure activities. Opportunities to amplify revenue include broadening licensing arrangements, exploring partnerships with local hospitality entities, and leveraging virtual event streaming to reach wider audiences beyond physical attendance constraints. An established operational framework and detailed training facilitate a seamless transition for incoming management.

Facilities & Infrastructure

  • Reserved seating arrangements promoting guest comfort
  • Full-service beverage offerings enhancing the experience
  • Venue designed for live performances and special events
  • Space configurable for diverse entertainment formats

Property Highlights

  • Environment tailored for memorable and engaging live entertainment
  • Layout supports a variety of event types attracting wide audiences

Key Business Facts

Cash Flow
$774,013
Net profit before taxes + owner’s salary + interest + depreciation. Shows total money available.
Gross Revenue
$3,039,709.00
Total annual business income before deducting expenses
EBITDA
N/A
Earnings before interest, taxes, depreciation, and amortization.
FF&E
$200,000
Furniture, fixtures, and equipment included in the sale (e.g., desks, kitchenware, machinery).
Year Established 2015
Employees N/A
Inventory
Included in asking price
Value of unsold products, materials, or merchandise. If blank, the seller didn’t provide it.
Rent
N/A
Figures presented are seller-provided or estimates and are not audited. Buyer to verify all information during diligence.

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Market Insights

Demographics (County)

Population Growth (5y) 4.23%
U.S. Avg. +4.1%
Median Household Income $81,115
U.S. Avg. $74,600
Median Age 45.40
U.S. Avg. 38.9
Bachelor’s Degree+ 39.55%
U.S. Avg. 38%

Economy

State GDP $1,309,392M
U.S. Avg. $28.8T
GDP YoY 5.09%
U.S. Avg. +2.4%
Unemployment 2.99%
U.S. Avg. 3.9%

Crime & Safety

Violent Crime / 100k 229
U.S. Avg. 380
Property Crime / 100k 1079
U.S. Avg. 1950
Note No safety note available
U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, FBI Crime Data Explorer.

Growth & Expansion

  • Potential to increase revenues via expanded service offerings and licensing
  • Opportunity to partner with local businesses to tap into tourism sectors
  • Development of digital streaming platforms for virtual event access

Operation & Support

  • Includes 8 weeks of comprehensive training at no additional cost
  • Permits and licenses aligned with entertainment and event hosting
  • Owner involvement estimated as active due to training commitment
  • Reason for sale involves focus adjustment, supporting business continuity

Lifestyle Fit

  • Ideal for hands-on owner-operators seeking a prominent cultural enterprise
  • Moderate to high managerial commitment required to sustain event quality
  • Attractive for investors interested in expansion within a stable demographic
  • Suitable for operators ready to leverage existing brand and event systems

Process & Next Steps

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2. We’ll send available details about this listing and opportunities like it.

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Information deemed reliable but not guaranteed. Buyer to verify all information during due diligence.

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