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6283-Banquet Facility

Delaware

Retail - Other Eating & Drinking Places | Services - Other Business Services

Asking Price $5,000,000 Inventory  
Gross Income $1,769,000 Real Estate $4,000,000* 
Cash Flow $334,000 Year Established 1977
FF&E N/A Employees 3ft/35pt

* included in the asking price

** not included in the asking price

Banquet and conference center is one of the newest and most elegant wedding and banquet facilities in the Delaware Valley. Upon entering the warm & inviting lobby, you are directed to three private and elegantly appointed ballrooms, which are adorned with a tasteful mix of contemporary and traditional design. Bookings for the next 12 months already exceed $1Mil. The facility is 27,000 square feet and has capacity for 600 guests. Cash flow reflects one FT owner/operator taking no salary

Facilities: 26,000 sq ft facility, parking for 260 cars, can accomodate up to 600 guests

Support/Training: 3 weeks

Reason Selling: Retirement

Business For Sale By

Tannenbaum & Mehta

800-662-9507

Tannenbaum & Mehta

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