Prime Real Estate With Banquet Facility
Location Connecticut,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $750000
Net Profit / Cash Flow $200000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1900
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Available.
Reason for Sale Retirement.
Description Prime Real Estate, 15 minutes east of Hartford, CT. Included 10 picturesque acres to enlarge operation to a full scale hospitality business with convention center, hotel, corp retreat ctr and the like. Easily accessible from highway. Business Only - $495K. Lease option avail. Over $100K taken yearly in just Wedding& Reception banquet deposits! Currently operating, fully equipped & staffed thiscornerstone of the community has a lot to offer. 2001 remodeled, 10,000 square feet building good for private party facilities, business affairs and weddings receptions & ceremonies- accom up to 350 guests. Building in great condition.Reopen the restaurant area & double your income. Seller financing available. Contact for more information on this Banquet Facility business for sale.
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