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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. Businesses For Sale   >>   Food and Beverage Businesses For Sale Categories   >>    Bakery Business For Sale, Cafe Business For Sale, Catering Business For Sale, Coffee Business For Sale, Coffee House Business For Sale, Coffee Shop Business For Sale, Deli Business For Sale, Fast Food Restaurant Business For Sale, Food Business For Sale, Grocery Business For Sale, Grocery Store Business For Sale, Liquor Business For Sale, Liquor Store Business For Sale, Market Business For Sale, Pizza Business For Sale, Restaurant Bar Business For Sale, Restaurant Business For Sale, Vending Business For Sale, Vending Machine Business For Sale

Banquet Hall In Hotel For Sale Location  New Jersey,United States Asking Price Range  < $250K Gross Revenues  $795000 Net Profit / Cash Flow  $80000 Cash Flow Type  EBITDA Seller Finance  Yes Year Established  1990 Number of Employees  6 - 9 Inventory  225000 equipment & 1500 inventory Relocatable  No Number of Employees  6 - 9 Real Estate  Leased Training  The owner will supply a transitional training period and remain thirty days post closing. Reason for Sale  The owner is retiring & is absentee and involved in an alternative industry. Description  Banquet Catering facility located in Ocean County, NJ offering on site catering & banquets for all events. The present owner is absentee involved in an alternative business and has priced the sale well below market value. The sale includes $150,000 in deposits (25% non refundable down payment for an event) which will be supplied to the purchaser for pre scheduled events. The business offers wedding receptions, wedding ceremonies, bar mitzvahs, bar mitzvahs, corporate functions, sweet 16s, bridal showers or anniversary party. The facility has a beautiful design including an outdoor poolside gazebo and an elegantly appointed ballroom. Their clients marvel at the sumptuous cocktail hour in their Regency Suite. The Ballroom is surrounded by Italian crystal chandeliers, gold leaf molding and silk centerpieces. The business is located in a modern adjacent franchise hotel where the guests can retire for the evening and relax while the special couple can enjoy the Jacuzzi in the private complementary bridal suite. The sale includes a consumption liquor license, commercial kitchen with all required accessories, including an ice maker, freezers, refrigeration s, dish washer, fully equipped outdoor furniture and fixtures, table s chairs and various equipment required to maintain this retail business. The business has a gross income of $799,463 and a consistent net income to the owner who is retiring from this industry. Based on the asking price, required down payment and net income this business should supply a 33% return to the owner operator prior to debt service. Click Here To Contact Seller      For more business opportunities like this go to: http://www.globalbx.com

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