Catering & Banquet Facility With Real Estate
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $500000
Net Profit / Cash Flow $160000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1994
Number of Employees 10 - 19
Inventory $500000 equipment & $7500 inventory.
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Seller will provide a full due diligence and transitional period. Sale is subject to the successful transfer and approval of the liquor license.
Reason for Sale Relocating.
Description A Banquet facility with Catering and a Deli Market for sale is located in an upscale community of Hunterdon County, New Jersey. The sale consists of a multi-service business, which represents a substantial gross income for any owner. The Restaurant facility consists of 4 acres and five thousand (5,000) square feet of interior. The seller is retiring from the industry & relocating and he will assist the new owner with the transition. This is a unique and attractive business that offers upscale banquet rooms with excellent service. The real estate property, which is included in the offering, is beautiful and fully upgraded and the Business benefits from its long standing, excellent reputation in the industry. The facility also has entertainment approval for live music, making this a very unique and interesting offer.
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