Large beautifully designed Banquet facility up to 175 seats

King Of Prussia, PA (Montgomery County)

Large beautifully designed Banquet facility up to 175 seats
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Asking Price: $1,200,000

Cash Flow: N/A

Gross Revenue: $982,000

EBITDA: N/A

FF&E: $500,000

Inventory: N/A

Rent: $10,000 /Month

Established: 2013

Large beautifully designed Banquet facility up to 175 seats

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Business Description

The perfect event starts with the perfect place! Look no further. Where culinary delight meets service in warm surroundings with colors that are soothing and inviting. Beautiful hand painted stone walls. European accents from chandeliers, to beautiful woodwork. Rooms can accommodate 25 to 200 guests. Perfect for special occasions, Weddings to business functions, bridal showers, formal or informal. This facility has separate rooms to assure precise lighting and temperature......parking for over 300 cars. This facility held over 700 events in 2018. Use facility liquor license or BYO. .....Hey...make it a nightclub Serious inquiries, proof of funds will be required

Detailed Information

Location:
King of Prussia, PA
Real Estate:
Leased
Building SF:
70,000
Lease Expiration:
1/5/2025
Employees:
15-35
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
seating 25-200, parking for 300, fully loaded kitchen (full equipment list available)
Competition:
Little to none!
Growth & Expansion:
New liquor license, a rare opportunity to grow
Financing:
possible for qualified buyer
Support & Training:
Owner will stay for 1 year
Reason for Selling:
retirement
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(from currently available funds)
 
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Judy Sweeney

Business Listed By:
Judy Sweeney

WESTPORT BUSINESS BROKERS

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