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Catering And Banquet Hall - Business, Property
Location: United States -> Maryland -> Baltimore
Industry: Food and Beverage > Catering Services




Business Summary

Established catering and banquet hall business for sale with property. Business holds events for weddings, retirement parties, birthday parties, and more. Business has same name and location over 20 years. Two banquet hall locations. Each hall location has a kitchen. They serve traditional American and Italian meals at events. Most events held on weekends. New owner can bring this business to the next level by adding events during the week and accepting more off-premises jobs, if desired.

Location 1: 3,600 Sq. ft.
Location 2: 8,000 Sq. ft. (including multiple rooms, bar, large kitchen, and storage in back)

Asking price: $2,500,000 for business, 2 property locations

Please respond with any futher questions you have. Non-disclosure agreement required for showing.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $650,000
Cash Flow:   $150,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1965
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Simplify life.




Print Listing Id: 700172461


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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Maryland Businesses For Sale > Maryland Franchises For Sale > Maryland Business Brokers



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