Assets of Catering Hall & Kitchen for Sale NY - 32803 Business Type: assets only sale,delicatessen/catering services,misc. service/non-classifiable,must sell/drastic price reduction!,other business services,other eating & drinking places,other personal services,restaurant/ cafes/ diners,catering and event planning
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $115,000 | Down Payment | $115,000 |
| Gross Revenues | $0 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $0 | Number of FT Employees | Register Free to View |
Financing
$115,000 Down and
Business Description
Unique On/Off Site Catering Hall & Kitchen - 7200 sq ft. Assets and lease for sale.
The current owner has had this business for over 11 years.
They have 9yrs. remaining on their lease with a base RENT OF ONLY $650/MTH. including utilities, plus chair rental.
They have use of 7,200 sq. ft. hall, including a full restaurant-style kitchen, ballroom and outdoor tented area for a minimal charge per chair.
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.
They are best known for Kosher style catering in an upscale area of Suffolk County, but the facility and kitchen can be used for Kosher and Non-Kosher food prep and events, even Halal!
The business was closed in 2020 and part of 2021 due to Covid, but are now able to offer services for large events again.
The business lease and assets are being sold. The $115K asking price is not based on sales.
The owner is looking to retire, as he is over 70 yrs. old.
We are seeking a serious and financially qualified buyer with upscale catering experience.
Contact the broker, Mel Vaz at 631-909-1095 for more information.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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.
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