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Wedding banquet hall

Ocean County, NJ

Seller Financing Available

Asking Price: $199,000

Gross Income: $800,000

Cash Flow: $120,000

EBITDA: N/A

FF&E: $300,000

Inventory: $20,000*

Real Estate: N/A

Established: 2008

Employees: 3 Ft 3PT 15 w

*not included in asking price.

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Business Description

This banquet facility has it all a private bar for cocktail hour and appetizers before your event. There is a large dining room with a dance floor and an outdoor poolside gazebo. Your guests can have their wedding ceremony outdoors or it can be easily moved inside if the weather is not cooperating. It is attached to a hotel for out of town visitors or people who just don t want to go home. The room has custom chandeliers silk center pieces and much more. The Hall can be used for weddings, birthday parties, bar and bat mitzvah s, anniversary s and corporate events.

The kitchen is fully equipped to handle large parties, it is also big enough to do on and off premises events at the same time. It has a hood-vent, grills, stoves, fryers, walk-in and plenty of storage. The refrigeration and equipment have been serviced regularly and everything is clean and organized.

Detailed Information

Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Banquet
Financing:
200,000 down
Support & Training:
2 weeks
Reason for Selling:
other interests

Listing Status for Premium Members

Ad#: 688861

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from currently available funds
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Ricky Macaluso

Business Listed By:
Ricky Macaluso

National Restaurant Properties

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