Unknown Address ,

$20,000,000

An exceptional opportunity to acquire one of Calgary’s premier event and hospitality businesses. This well-established, highly profitable event centre has built a strong reputation for hosting weddings, corporate functions, cultural celebrations, galas, conferences, and special events, serving over 77,000 guests annually.The business generates approximately $7.7 million in annual revenue, with 2026 projected to be over $8 million and an estimated $4+ million net profit, supported by a substantial forward booking pipeline that is already committed through 2027 and extending into much of 2028. The operation benefits from a long-term lease structure with approximately 10 years remaining, renewal options, and a valuable Right of First Refusal to purchase the underlying 39,000+ sq. ft. real estate.The facility features elegant event spaces, a grand ballroom, commercial-grade kitchen facilities, impressive guest amenities, and sufficient parking to comfortably accommodate large-scale events. Its prime Calgary location offers excellent visibility, accessibility, and strong demographic support.This is a rare turnkey acquisition ideally suited for investors, hospitality operators, private equity groups, or strategic buyers seeking immediate cash flow and long-term growth potential. The real estate may also be available for purchase in conjunction with the business.Vendor financing may be negotiable for qualified purchasers.Confidentiality is strictly maintained. Detailed financial information, location particulars, and operational records will be provided only to qualified buyers upon execution of a Non-Disclosure Agreement (NDA) and proof of financial capacity.Asking Price: $20,000,000Rare. Profitable. Established. Fully Booked. A premier hospitality investment opportunity with proven performance and exceptional future upside. (id:55254)

Property Details

Building

Land

https://www.realtor.ca/real-estate/29827671/calgary