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Businesses For Sale   >>   Other Food and Beverage Businesses For Sale

Profitable Banquet Venue & Restaurant

Location  Michigan,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $277757
Net Profit / Cash Flow  $136044
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1997
Number of Employees  10 - 19
Inventory  $640000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  Owner will train the buyer for 4 weeks at no cost.
Reason for Sale  Retirement.

Description  
This listing is for a profitable banquet hall and restaurant located on a picturesque golf course in southwest Michigan that's available to a qualified buyer. This business consists of two banquet halls and a restaurant that's exclusive to golfers on the course. The banquet halls are typically used for schools, reunions, weddings, bridals showers, business meetings, anniversaries and much more. There is another section that acts as a restaurant for the golf course during the day and is available for smaller events, business meetings, etc. The main banquet hall has a beautiful, intimate, romantic interior with a large 900 ft dance floor and seats 500. The smaller banquet features gorgeous windows overlooking the golf course allowing for memorable sunsets and a beautiful view. This section seats 150. This is a highly profitable business for the seller that yields a yearly income of over $130,000. In addition, the real estate valued at $750,000 is to be transferred with the sale of the business. Also included in the sale is the rare Class C resort liquor license valued at $300,000. If you would like more information about this business opportunity, or if you would like to schedule a site visit, please contact the agent either by phone (770-886-5100) or by email. Asking Price: $1,700,000


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