Banquet Facility / Catering
Location Connecticut,United States
Asking Price Range $250K - $500K
Gross Revenues $200000
Net Profit / Cash Flow $75000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1950
Number of Employees 10 - 19
Inventory 75000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Owner will train new owners for a month pt.
Reason for Sale Owners must sell as they work elsewhere and can not dedicate enough time to the business.
Description Turn Key operation. This 1930s Art Deco style building is 8,000 square feet on one acre of land in a quaint down town New England Town that is experiencing a revitalization project and consists of three separate dining/ Banquet rooms. The largest room holds 200 the next holds 80 and the last one holds 50. Each room consists of separate rest rooms, sound systems bars, dance floors, heating/ cooling systems and Crystal chandeliers. There is off street parking for 98 cars.
Commercial kitchen has double stack convection oven, range with oven, new Ancil Fire System, large hood, Fryolater, 2 Alto Sham slow cooking Prime Rib ovens, Dish machine, walk-in refrigerator, walk-in freezer, all plates, dishes, flatware, glasses, buffet tables, tables, chairs, table skirting. Truly turn key. There are two offices with computers, fax, copier/ printers. All employees are PT. Owners must sell as they work elsewhere and can not dedicate enough time to the business. Land, business and all F & E $475K. Email or call 860-919-0297 for more information on this Banquet / Catering Facility for sale.
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