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Business for Sale Summary

Catering Service - 37577

Business Type: misc. service/non-classifiable,other business services,other personal services,catering and event planning
Catering Service
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Financial Information (non-confidential)

General Information
Asking Price $330,000 Down Payment $330,000
Gross Revenues $622,000 Lease Remaining Register Free to View
Owner’s Cash Flow $176,000 Number of FT Employees Register Free to View

Financing

$330,000 Down and

Business Description

Catering Event Facility Opportunity – Bronx County, New York

This well-established catering event facility is located in the Bronx County, New York. The venue features two private event dining rooms, with one room accommodating up to 225 guests and the second room accommodating up to 75 guests. The owner has decided to sell due to relocating out of state. This facility does not have a kitchen on the premises. The current owner also owns a separate restaurant and presently provides all food service for events from that location. The owner is willing to continue supplying catering services for the new owner if needed, making this an ideal opportunity for a smooth transition.

The establishment offers plenty of street parking, and valet parking service is available during special events. Since there is no kitchen operation on-site, payroll expenses are minimal and primarily limited to servers and event staff. This is an excellent opportunity for an owner-operator, semi-absentee owner, or fully absentee owner.

The current owner spends very limited time at the facility due to operating another restaurant location. His involvement mainly consists of booking events and handling wine and liquor purchasing for the establishment. Don’t miss out on this outstanding opportunity to own a profitable event venue in a prime Bronx County location. Offered at only $330,000. This opportunity will not last long.

For more information, please contact Pietro Siciliano at 914-760-5744



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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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