Financing: $150,000.00 Down and $149K over 1 yr. @ 8% (negotiable)
Reason for Selling:Retiring
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.
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.