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Business for Sale Summary

Huge Catering Hall & Kitchen for Sale NY - 32803

Business Type: assets only sale,delicatessen/catering services,misc. servicel/non-classifiable,must sell/drastic price reduction!,other business services,other eating & drinking places,other personal services,restaurant/ cafes/ diners,catering and event planning
Huge Catering Hall & Kitchen for Sale NY
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This business has received 69 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $145,000 Down Payment $145,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$145,000 Down and None.

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. The business lease and assets are being sold. The $145K 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.Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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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.