Elegant Restaurant Catering With 6.6 Acres Property
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1400000
Net Profit / Cash Flow $300000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1950
Number of Employees 20 - 34
Inventory 400000
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Training Will train.
Reason for Sale Retirement.
Description Established and well known since 1950 Restaurant Catering with sunken dance floor serving Duchess County, Ulster County and all of the Hudson Valley and with banquet facilities, and reception halls for up to 500 guests. Business Specializes in Weddings, Anniversaries, Proms and Parties of all types. During the weekdays from 5PM to 10 pm restaurant offers elegant dining serving Italian food and steak. Large bar with full liquor license. Dinner and dancing every Saturday night. Sunday Brunch is also served for parties of 30 or more. Business is open 6 days per week from 4p - 10pm. Closed on Tuesday.
Facilities: Business situated on well landscaped 6.6 acres of property. Catering hall consist of 6 large rooms separated with removable dividers and occupies 16,000sqf. In addition there a three bedroom house on the property that is being rented for $850 per month. Real Estate tax is $17,000 per year. Parking for 175 cars.
Support/Training: will train.
Reason Selling: Retirement.
Year Established: 1950/2003.
Employees: 8F/20P.
Email or call Mark Gavrilov at 516-942-3588 for more information on this Restaurant Catering business for sale.
Click Here To Contact Seller
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