Lakeview Banquet Facility/Price Slashed Due to Owner Passing

Southwick, MA (Hampden County)

Seller Financing Available
Lakeview Banquet Facility/Price Slashed Due to Owner Passing

Asking Price:$975,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:$350,000

Inventory:N/A

Real Estate:N/A

Established:N/A

Lakeview Banquet Facility/Price Slashed Due to Owner Passing

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Business Description

Own this business and real estate for 40% the price the owner has invested. This is a great opportunity for an experienced caterer or restaurant operator to get into the highly profitable banquet business.The owner of this recently remodeled facility spent over a million dollars inside and out. The 4500 sf outdoor deck hosts cocktail receptions as well as outdoor wedding ceremonies. For further information please go to www.abc4restaurants.com and fill out a NON DISCLOSURE AGREEMENT on line.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
220 seat banquet facility with large outdoor deck that views a beautiful lake. Small tavern that can be used as a restaurant/pub or another banquet room. Full basement that was once used as a banquet and conference room. Separate bridal party area.
Growth & Expansion:
Owner has not been proactive in promoting this banquet facility due to other business interests and now for health reasons. Needs an aggressive marketing program. Expand the Tavern menu and increase hours.
Reason for Selling:
Owner has passed away

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Joe Granato

Business Listed By:
Joe Granato

ABC4Restaurants /ABC4Commercial (Investment Properties)

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