Picturesque Wedding & Event Venue with Real Estate (#0522)

Status: Sold

Craftwood Inn

This popular event venue offers the perfect backdrop for weddings, ceremonies, receptions, corporate getaways, or retreats.  The property boasts a beautifully landscaped outdoor ceremony area with a reception area and dance floor plus detached Bridal Suite and Groom’s Quarters.  The facility also includes an office and ample storage, along with sixty convenient parking spaces.  The kitchen is fully equipped for catering operations, as well.  The real estate surrounding the facility is unlike any other in Colorado.  The venue goes back many years; while vestiges of the splendor of the original building remain - the property has been beautifully updated over time with great taste and a sensitivity to architectural integrity.  The real estate is valued at $3,875,000 and includes a 4,200 sq. ft. personal residence, and is to be purchased simultaneously with the business.  This would be a great opportunity for an established venue or hotel operator, or a catering provider.

Download Business Summary

Asking Price: $4,675,000
Gross Revenue: $630,195
Adjusted Profit: $340,316 (Discretionary Earnings)
Location:
Industries: Consumer Services, Event Rental, Special Events, Wedding Events
 
For more information please contact
Ron Chernak at (719) 635-9000
OR use the link below: