Catering And Banquet Hall - Business, Property
Location Maryland,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $650000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1965
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Reason for Sale Simplify life.
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 for business, 2 property locations
Please respond with any futher questions you have. Non-disclosure agreement required for showing.
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