Catering And Banquet Hall Business With Property
Location Maryland,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $65000000
Net Profit / Cash Flow $15000000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Description Established catering and banquet hall business for sale with property. Business holds events for weddings, retirement parties, birthday parties, and more. Business has same name and location over 20 years. Two banquet hall locations. Each hall location has a kitchen. They serve traditional American and Italian meals at events. Most events held on weekends. New owner can bring this business to the next level by adding events during the week and accepting more off-premises jobs, if desired. Location 1: 3,600 Sq. ft. Location 2: 8,000 Sq. ft. (including multiple rooms, bar, large kitchen, and storage in back)
Asking Price $2,500,000.00
Revenues $650,000.00
Cash Flow $150,000.00
Images of Listing
Reason for Selling Simplify life.
Licenses Liquor license
Parking Plenty private parking
Building Size Location 1- 3,600 Sq. ft. Location 2- 8,000 Sq. ft.
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