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Catering And Banquet Hall Business With 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 $2,500,000.00
Revenues $650,000.00
Cash Flow $150,000.00
Images of Listing
Reason for Selling Simplify life.
Licenses Liquor license
Parking Plenty private parking
Building Size Location 1- 3,600 Sq. ft. Location 2- 8,000 Sq. ft.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $65,000,000
Cash Flow:   $15,000,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1990
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale




Print Listing Id: 700181970
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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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