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Businesses For Sale   >>   Catering Services Businesses For Sale

Beautiful Catering Hall For Sale

Location  New York,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1800000
Net Profit / Cash Flow  $360000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1992
Number of Employees  10 - 19
Inventory  1000000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased

Description  
On Site Catering Hall with four beautiful rooms is for sale on Long Island. This 16,000 Square Foot upscale facility has so much flexibility. Three of the rooms can be combined to accommodate large parties up to 400 guests. The catering facility is able to host up to a total of 600 people. The hall is also great for smaller intimate parties and they average over 250 parties per year with a typical party size of 120 guests. The owners have just invested close to $500,000 in the hall, and it is being run semi absentee. This catering hall has been established for twenty years with a long track record of profitability and strong name recognition. Long term favorable lease is available and this Catering Center can be purchased for only $1.1 million. This is a VERY RARE FIND especially on Long Island.


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