On/Off Site Catering Hall-28002

Suffolk County, NY

Seller Financing Available
On/Off Site Catering Hall-28002

Asking Price:$299,000

Cash Flow:$125,000

Gross Revenue:$250,000





On/Off Site Catering Hall-28002

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Business Description

Unique On/Off Site Catering Business and Hall - 7200 sq ft. They are best known for Kosher style catering in an upscale area of Suffolk County. The current owner has had this business for over 20 years. They have 13yrs. remaining on their lease. They have use of 7,200 sq. ft incl. a full restaurant style kitchen, ballroom and outdoor tented area for a minimal charge per chair and a RENT OF ONLY $6,930 FOR THE YEAR! The space is on the premises of a religious organization, but can be used for any type of function from birthday parties to Bar Mitzvahs and Weddings. The kitchen and space can be used for Kosher or Non-Kosher foods/events. In the past year the business grossed approx. $250,000.00 with a cash flow of approx. $125,000.00. The owner is looking to retire as he just reached 70 yrs. old. We are seeking a serious and financially qualified buyer with catering or food service experience. if you meet the criteria, please call 1-877-735-5224 or please refer to the Confidentiality Agreement below.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Attached Documents

Detailed Information

150,000.00 Down & $149K over 1 yr. @ 8% (negotiable)
Support & Training:
The seller will train the new owner.
Reason for Selling:

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