Very-Well Located & Established Arena & Event Center for Sale
A Michigan arena and conference center built for concerts, conventions, and community events.
On NextCompany since August 26, 2026 (1 day)
MI area
Business overview
This Michigan arena and conference center hosts concerts, trade shows, seminars, political rallies, weddings, and corporate events. More than 200,000 guests attended in 2018, drawn by acts like Old Dominion, Willie Nelson, Kid Rock, and Rob Zombie. Two banquet halls seat up to 500 and 1,000 guests, with maximum capacities of 1,800 and 2,500. The business earns revenue from ticket sales, promotion, and parking. Additional income comes from equipment rental, concessions, catering, hall rental, advertising, and third-party markups. Annual revenue reaches $3,401,440 with cash flow of $349,608. The general manager now works about 25 hours weekly, supporting a semi-passive ownership structure. Ownership plans to retire and prefers to sell the included real estate. A long-term lease with a purchase option remains a possible alternative. A new owner could grow revenue by more than $1,000,000 through greater capacity utilization and self-promoted events.
Who is a good fit for this business
- Owner-operators comfortable overseeing a team already running daily operations.
- Buyers interested in owning the associated real estate or leasing it long-term with a purchase option.
- Acquirers seeking multiple revenue streams across ticketing, concessions, catering, and hall rentals.
- Investors looking to capture more than $1,000,000 in additional annual revenue potential.
Details
- Reason for selling
- Ownership is looking to sell the business due to retirement.
- Real estate
- Owned, included in sale
Frequently Asked Questions
The center hosts concerts, trade shows, seminars, political rallies, weddings, and corporate events. It attracted more than 200,000 guests in 2018. Past performers include Old Dominion, Willie Nelson, Kid Rock, and Rob Zombie.
The business generates $3,401,440 in annual revenue. Cash flow reaches $349,608. Revenue comes from ticket sales, parking, concessions, catering, and hall rentals.
Ownership prefers to sell the associated real estate along with the business. A long-term lease with an option to buy remains a possible alternative. The listing marks the real estate as owned and included.
Ownership is selling because of retirement. The general manager has already reduced his schedule to about 25 hours a week, easing the transition for a buyer.
Management estimates a new owner could raise annual revenue by more than $1,000,000. Growth options include higher capacity utilization, more self-promoted events, and additional equipment rentals.