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Businesses For Sale   >>   Latvia Businesses For Sale

Multifunctional Entertaining Building

Location  Latvia
Asking Price Range  $20.0M - $35.0M
Gross Revenues  $645000
Net Profit / Cash Flow  $5720000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2006
Number of Employees  10 - 19
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned

Multifunctional entertaining building for sale. Price: 27 300 000 Euro. The annual turnover 5 720 000 Euro The annual revenue 645 000 Euro Multifunctional building is an indoor arena in Riga, Latvia. Primarily used for ice hockey, basketball and concerts. Building holds max. 14,500 people and was completed in 2006. Built to be used as one of the venues for the 2006 Men's World Ice Hockey Championships. Many big name international artists have performed at this venue, including: Depeche Mode, Chris Rea, Korn, Queen and Paul Rodgers, Sigur Rs, Sex Pistols, Kiss, Ozzy Osbourne, Placebo, Elton John, Lou Reed, R.E.M., Rihanna, Pink, Kylie Minogue, Backstreet Boys, Bjrk, Seal, Avril Lavigne, Lenny Kravitz, Linkin Park, Muse, Sting, Mylne Farmer, Deep Purple, Scorpions, James Brown. On the second floor of the building there are boxes that offer you the opportunity to be in an area zoned off from others and still enjoy the emotions created by the event together with all other visitors. Club Business: Club owners rent seats in a special VIP zone. They are provided with a separate entrance and restaurant, guaranteed parking lot next to the entrance, toll-free wardrobe, guaranteed tickets that need to be purchased not later than in 2 weeks before the event. Business Club seats may be used by their owners or guests invited by them. Business Club for corporate clients. Business Club restaurant, Starlight Cafe Technical equipment and service level is compliant with the highest international standards of the entertaining industry which enables to host famous artists, musicians and sportsmen and attract audiences of thousands of people. The structure is an opportunity for the organizers of events to offer the Latvian public world famous shows, performances and concerts. Capacity: Ice hockey 10300 Basketball 11200 Concert 10500 Amphitheatre (level 100 and 200) 2000 - 4000 Amphitheatre (levels 100, 200 and 300) 3500 - 6000 Maximum capacity 14500

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