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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   >>   New York Businesses For Sale Categories   >>   

Long Established Profitable Catering Venue

Location  New York,United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $700000
Net Profit / Cash Flow  $320000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1920
Number of Employees  20 - 34
Inventory  $179,000
Relocatable  Not Disclosed
Number of Employees  20 - 34
Real Estate  Owned
Training  12 weeks training at no cost.
Reason for Sale  Other interests.
Description  Long established catering venue located on Long Island. With 210 feet of prime waterfront, this property is the ideal location for weddings and private events. Situated on 1.52 acres of lush gardens with fountains, the facility can accommodate over 300 guests. There is also an indoor and outdoor area for wedding ceremonies and two spacious event rooms. There are 6 single room rentals and 2 one bedroom apartments that yield a monthly rent roll of $5,500. Plans and permits are in place for expansion with town and DEC approvals. Owner will consider holding up to 50% for a qualified buyer. Asking price includes the ongoing catering business and property. Call for a personal appointment to see this beautiful property. Asking: $2,950,000 Owner will consider holding up to 50% for a qualified buyer. Contact for more information on this catering business for sale.
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