Catering And Banquet Hall Business With Property

www.GlobalBX.com

Listing ID: 700181970

Listing Title: Catering And Banquet Hall Business With Property

Quick Link: http://www.globalbx.com/listing.asp?bId=181970

Industry: Food and Beverage

Industry Segment: Catering Services

Country: United States

State / Province: Maryland

Area

City: Baltimore

Asking Price Range: $2.5M - $5.0M

Gross Revenues: $65,000,000

Cash Flow: $15,000,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1990

Number of Employees: 10 - 19

Business Description:
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.



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