Stunning Banquet Hall + Property

Lake County, IN

Banquet Hall
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Asking Price: $507,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: $257,000

Real Estate: $1,500,000*

Established: 2013

*not included in asking price.

Stunning Banquet Hall + Property

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Business Description

This beautiful, modern style banquet hall currently offers a 9,000 square foot indoor/outdoor space for memorable celebrations. Up to 300 guests can enjoy classic style meals with a twist while celebrating milestones with friends and family. This venue draws in clients for a variety of special occasions. If you’ve ever dreamed of owning your own banquet hall, this business is a must see!

This Banquet Hall is a hidden gem available for weddings, graduations, anniversaries, proms, baby showers, bridal showers, Bar/Bat Mitzvahs, Quinceaneras, corporate events and more. This banquet hall contains a large inventory valued at over $257,000 and a equipped professional kitchen that provides possible opportunity to incorporate outside catering services. They aspire to provide the best service with a personal connection – no matter what. The food is prepared using the highest quality ingredients, prepared with the strictest of standards, and the presentation is head turning. There is an opportunity for growth by incorporating weekend brunches, catering to off-site weddings, festivals and events. The space can be transformed into a different business excluding a restaurant. This Banquet Hall is located in Indiana close to many metropolitan locations. The population in this area is on the rise.

Property Sale - Contact Realtor
Dr. Gwendolyn Oglesby-Odom - EXP Realty
0ffice: 888-611-3912 ext. 213
gwendolyn.oglesby-odom@exprealty.com

Detailed Information

Location:
Lake County, IN
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
9,000
Employees:
6 FT, 15 PT
Facilities:
Modern style banquet hall currently offers a 9,000 square foot indoor/outdoor space for up to 300 guest
Competition:
Less than 4 local businesses in Northwest Indiana
Growth & Expansion:
Growth opportunities through catering
Support & Training:
Manager will train and transition
Reason for Selling:
Retirement
Business Website:
http://intuitionenterprise.com/listing-banquet-hall
Contact Seller

Contact the Seller

(from currently available funds)
 
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Felicia D. Hardy, CBI, MBA, MSE

Business Listed By:
Felicia Denise Hardy

Intuition Enterprise, Inc

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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