On/Off Site Catering Hall-28002

Suffolk County, NY

Seller Financing Available
On/Off Site Catering Hall-28002
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Asking Price: Get Financing: $250,000

Cash Flow: $125,000

Gross Revenue: $250,000



Inventory: N/A

Established: N/A

On/Off Site Catering Hall-28002

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Business Description

Unique On/Off Site Catering Business and Hall - 7200 sq ft. *PRICE REDUCED* They are best known for Kosher style catering in an upscale area of Suffolk County. NO KOSHER CERTIFICATION. (Not exclusively Kosher). The current owner has had this business for over 7 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. 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 upscale catering experience. if you meet the criteria, please call 1-877-735-5224.

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.

Detailed Information

125,000.00 Down & $125K over 2 yrs. @ 6% (negotiable)
Support & Training:
The seller will train the new owner.
Reason for Selling:
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Vested Business Brokers, Ltd

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Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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