Beautiful Catering Hall For Sale
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1800000
Net Profit / Cash Flow $360000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1992
Number of Employees 10 - 19
Inventory 1000000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Description On Site Catering Hall with four beautiful rooms is for sale on Long Island. This 16,000 Square Foot upscale facility has so much flexibility. Three of the rooms can be combined to accommodate large parties up to 400 guests. The catering facility is able to host up to a total of 600 people. The hall is also great for smaller intimate parties and they average over 250 parties per year with a typical party size of 120 guests. The owners have just invested close to $500,000 in the hall, and it is being run semi absentee. This catering hall has been established for twenty years with a long track record of profitability and strong name recognition. Long term favorable lease is available and this Catering Center can be purchased for only $1.1 million. This is a VERY RARE FIND especially on Long Island.
Click Here To Contact Seller
|
|