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Business for Sale Summary

TurnKey Catering Banquet w Restaurant - 22990

Business Type: retailing businesses,other eating & drinking places,restaurant/ cafes
TurnKey Catering Banquet w  Restaurant
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This business has received 22 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $590,000 Down Payment $590,000
Gross Revenues $950,000 Lease Remaining Register Free to View
Owner’s Cash Flow $250,000 Number of FT Employees Register Free to View

Financing

$590,000 Down and TBD

Business Description

Turn Key Banquet / catering Hall w/ Restaurant and night club. REAL ESTATE AVAILABLE through owner! Solid Financials! 30,000 sq ft. building capable of catering 5 separate occasions or equipped to open up maximizing the space needed for a larger party inside. Great outside space for catering Also a private cottage, a 5 room apartment and plans in place to built a 12 room hotel for the guests. 250 car parking lot. Spacious kitchen and bar. Warm atmosphere with unique decore. 80% BOOKED for 2013 excluding the restaurants income. Equipment, Furniture, fixtures, inventory and stock included. Owner is ready to retire and will stay on for support and training. Huge opportunity for the right QUALIFIED buyer. Please contact the broker at 1-877-735-5224 for further information.

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.