Banquet Facility
Location South Carolina,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $129529
Net Profit / Cash Flow $81847
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1997
Number of Employees 1 - 3
Inventory 100000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Retirement.
Description This attractive facility is a popular meeting place for events such as wedding receptions, birthday parties, banquets, business meetings, weekly civic meetings, political rallies and other large gatherings. The facility has adequate seating for large meals and staging equipment to accommodate the requests for most groups that wish to hold a first class function. The facility has adequate space for caters to bring in meals to serve a large number of guests attending a variety of functions and events, both formal and informal. This proposed transaction includes 1 acre of land which has been undeveloped and could be utilized to add to the existing structure so that the business could accommodate larger gatherings or other types of income producing buildings could be added. The facility has already booked a number of events for 2008 as many functions have returned to the venue on an annual basis. After 10 years of successfully hosting a large variety of events, this facility has become a dependable meeting place for repeat customers and organizations. Contact for more information on this Banquet Facility for sale.
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