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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Catering And Banquet Company For Sale

Location  Texas,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1800584
Net Profit / Cash Flow  $262600
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1992
Number of Employees  35 - 49
Inventory  54205
Relocatable  No
Number of Employees  35 - 49
Real Estate  Owned
Training  12-24 weeks.
Reason for Sale  The seller has other business interests.
Description  For the past 19 years, this catering business has become one of the top destinations for a person or group's banquet and meeting needs. They have worked towards and have earned the reputation of a premiere banquet destination in San Antonio. Several years ago, the business bought a banquet hall and a lunchtime eatery that allows them to deliver a unique experience unlike any in the market. The eatery is also used as a banquet hall and for private parties. In addition to the business' successes, there is the option for further growth by adding additional parking and a courtyard to the existing building. Not only will this increase revenue, but build upon the reputation that the business already has. The business deals a lot with wedding banquets and 80% of the catering is done off premises to such venues as The Witte Museum, The Pearl Stable, and The McNay Art Museum. There is the opportunity to bring more catering functions onto the location. The business also has won numerous awards for being the number one caterer in San Antonio. The sale price of the business is $700,000. The owner wants to sell the Real Estate as well. The beautiful facilities were appraised in 2011 for $2,500,000 and are located in an affluent area. Please contact us at 210-688-4813 for further information.
Click Here To Contact Seller

    

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