Turnkey Catering / Banquet Hall / Restaurant
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1200000
Net Profit / Cash Flow $376900
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 20 - 34
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Owned
Reason for Sale Owner is retiring.
Description Turn Key Banquet / catering Hall with Restaurant for sale. REAL ESTATE AVAILABLE through owner! Solid Financials! 5000 sq ft. building capable of catering 5 separate occasions or equipped to open up maximizing the space needed for a larger party inside. Great outside space for catering. 250 car parking lot. Spacious kitchen and bar. Warm atmosphere with unique decore. Over $700,000 BOOKED for 2008 excluding the restaurants income. Equipment, Furniture, fixtures, inventory and stock included. Owner is ready to retire and will stay on for support and training. Huge opportunity for the right QUALIFIED buyer.
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