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Wedding Venue and Real Estate for Sale

Berthoud, CO
SOLARIUM
SOLARIUM
Asking Price:$6,250,000
Inventory:$11,000
FF&E:$355,743
Established Year:2009
Gross Revenue:$1,572,146
EBITDA:$354,151
Real Estate:$5,250,000
Listing ID: 2272447Listing provided by BizBuySell
BUSINESS DESCRIPTION

Class A wedding venue located in beautiful Northern Colorado

Brookside Weddings and Events in rural Berthoud, Colorado is located between Boulder and Fort Collins in Northern Colorado about an hour north of Denver. It is a picturesque venue that combines rustic charm with modern elegance. The venue’s primary business is hosting and catering for weddings and receptions. Because of its central location, Brookside hosts many other types of celebrations and events year-round for businesses, public and private organizations and families. Amidst the serene vistas of the Rocky Mountains, Brookside is a one of a kind Northern Colorado event venue that is unique in the area.
The facility is situated on a 4-acre site consisting of beautiful gardens and a stunning outdoor “Ceremony Halo”. It is situated next to a soothing waterfall, and a small brook featuring beautiful mountain views. The large main building, built originally as a brick farmhouse in the 1800's, is 17,025 square feet and contains the venues main offices, bar, serving kitchen, a Fireside Room for indoor ceremonies, a large Garden Side Solarium where the receptions and events are held and preparation suites for the bride and grooms wedding party. In addition, the previous owner converted the many bedrooms into hotel rooms that have the potential to be offered as additional amenities and income generators.
There is a large Barn of 5,136 square feet that was remodeled in 2019 that houses a full-service kitchen for the venue as well as a beautiful 2nd floor meeting/event space with mountain views and golden wood flooring that is perfect for private parties and smaller events.
In addition, there is a 950 square foot storage garage and a 1,696 square foot residential home with attached garage.

ATTACHED DOCUMENTS
BUILDING SIZES AND BREAKDOWN.xlsx.xlsx Download
BROCHURE.pdf.pdf Download
RECORDED PLAT_O_MALLEY_GLEN_FARMSTEAD_MINOR_SUB.pdf.pdf Download
DETAILED INFORMATION
Location
Berthoud, CO
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
24,807
Employees
30
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The property consists of four buildings on 4.03 acres. A two-story main building of 17,025 sq. ft. The main level is 13,463 sq. ft. the second is 3,562 sq. ft. It contains offices, bar, kitchen, indoor venue and large Solarium. The second floor is 3,562 sq. ft. for bridal party preparation and hotel rooms (not in use).The Barn is a 5,136 sq. ft. two-story structure. It contains a fully outfitted kitchen and a meeting room that runs the length of the 2nd floor to a large deck . There is a 950 square foot garage and a 3-bedroom home with attached garage.
Competition
Our industry was decimated from early of 2020 through 2021. We had many cancellations and rescheduling's. Being able to accommodate up to 300 people was very beneficial. We stabilized in 2022 and 2023 but felt a dip in 2024. We believe that dip was a ripple from COVID when couples weren’t dating, therefore there were fewer engagements. 2025 bookings are far ahead of previous years. Other venues are not experiencing similar results. Clearly, our efforts to grow our SEO is delivering great results. Expectations for 2025 are to exceed 90 events.
Growth & Expansion
Brookside's expansive buildings and grounds allow the opportunity to expand the business operation. There is plenty of room for additional parking. The Barn houses the commercial kitchen on the ground floor. The second floor has a large open area that could serve as additional event space. Part of the Main Building has lodging potential that is partially complete. Berthoud is a great, central location. Northern Colorado continues to experience strong growth. With new residential and commercial development, and a young affluent demographic.
Financing
None
Support & Training
The current owner, operators and will work alongside the Buyer to insure a smooth transition. For the benefit of the Buyer and our clients. The idea of a change of ownership can cause a lot of stress that we want to help avoid. Preserving existing relationships is extremely important. The scope and duration of the transition period is negotiable.
Reason for Selling
Eventual retirement.
BUSINESS LOCATION
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Joseph Palieri II
Phone Number
Joseph Palieri II
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