Northern Lights Ballroom & Banquet Center
Building, Business, Land and Fixtures for Sale
Marketing description
Exceptional Turnkey Event Venue & Catering Business Opportunity! Northern Lights Ballroom & Banquet Center is an established, purpose-built wedding venue and banquet center situated on approximately 5 acres in Milaca Minnesota. Constructed in 2006, the approximately 13,000-square-foot facility accommodates up to 400 guests and features a spacious ballroom with a soundproof divider, allowing flexible room configurations for both intimate gatherings and large-scale events. Additional amenities include a private dining room that also serves as a meeting room or deluxe bridal suite accommodating approximately 40–80 guests, an inviting front lobby with a portable bar and seating area, coat room, central sound system, private staff accommodations, and a dedicated laundry room. The property is fully equipped for efficient operations with a full commercial kitchen, walk-in cooler, walk-in freezer, active liquor license, compliant septic system, state-of-the-art fire sprinkler system with a dedicated water reservoir, and a parking area accommodating approximately 200 vehicles. The women's restroom features a private suite, providing added convenience for wedding parties and special events. Conveniently located just off U.S. Highway 169, the venue has earned an outstanding reputation for hosting weddings, corporate events, fundraisers, banquets, celebrations, and community gatherings, supported by a successful in-house catering operation and multiple revenue streams. This rare offering includes the real estate, established business, furniture, fixtures, equipment (FF&E), and goodwill, providing a true turnkey opportunity for hospitality operators, investors, or entrepreneurs seeking one of Central Minnesota's premier event destinations. Financial information is available to qualified buyers upon execution of a confidentiality agreement. Existing event bookings may be transferable to the Buyer, providing the opportunity for immediate future revenue. An interactive 3D Matterport® tour is available with the listing, providing prospective buyers with a comprehensive virtual walkthrough of the property's layout, event spaces, and operational areas.
Investment highlights
Agent/Buyer to verify all information, measurements, zoning rules and restrictions, etc. Showings by appointment only. Please do not contact the owners or employees regarding the sale or discuss the listing with customers or event guests. All showings must be coordinated through the listing broker and scheduled around booked events. Proven Qualified Buyers shall execute a Confidentiality Agreement (NDA) prior to receiving financial statements, booking history, or other proprietary business information. Sale includes the real estate, established business, goodwill, furniture, fixtures, equipment (FF&E), and transferable assets, subject to seller inventory. Existing event contracts and future bookings may be transferable to Buyer. Buyers are encouraged to verify all licensing, permitting, zoning, and intended use requirements. Proof of financial ability to purchase may be requested prior to confirming a showing. Listing agent must be present for all showings unless otherwise approved by Seller. Showing Restrictions: No showings during scheduled weddings, events, or business operations. Available to Qualified Buyers After NDA: Profit & Loss Statements, equipment and FF&E inventory, event booking calendar, catering operation information, and other due diligence materials. Possession: Negotiable. Seller is willing to provide training and transition assistance to facilitate a successful transfer of ownership. Inventory: Food, beverages, and other consumable inventory, if any, shall be inventoried and purchased separately at closing.
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