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Business for Sale Summary

On/Off Site Catering Hall - 7200 sq ft. - 28002

Business Type: other eating & drinking places,other food stores,restaurant/ cafes,catering and event planning,best deals!,new to market,seller financing available,delicatessen/catering services
Owner Financing
On/Off Site Catering Hall - 7200 sq ft.
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Financial Information (non-confidential)

General Information
Asking Price $299,000 Down Payment $150,000
Gross Revenues $250,000 Lease Remaining Register Free to View
Owner’s Cash Flow $125,000 Number of FT Employees Register Free to View


$150,000 Down and $149K over 1 yr. @ 8% (negotiable)

Business Description

Unique On/Off Site Catering Business and Hall - 7200 sq ft. They are best known for Kosher style catering in an upscale area of Suffolk County. NO KOSHER CERTIFICATION. (Not exclusively Kosher). The current owner has had this business for over 7 years. They have 13yrs. remaining on their lease. They have use of 7,200 sq. ft incl. a full restaurant style kitchen, ballroom and outdoor tented area for a minimal charge per chair and a RENT OF ONLY $6,930 FOR THE YEAR! The space is on the premises of a religious organization, but can be used for any type of function from birthday parties to Bar Mitzvahs and Weddings. In the past year the business grossed approx. $250,000.00 with a cash flow of approx. $125,000.00. The owner is looking to retire as he just reached 70 yrs. old. We are seeking a serious and financially qualified buyer with upscale catering experience. if you meet the criteria, please call 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.