Established Catering Business with Real Estate for Sale
(Food, Service)
New Jersey
Listed Price: $ 4,900,000
Listing ID: 1472
Listing DetailsGross Revenue: $ 4,120,000
Cash Flow: $ 359,000
EBITA: $ 359,000
Real Estate: $ 3,500,000 (Included in Price)
Inventory: $ 200,000
Form of Ownership: C Corp
Reason for Sale:
Owner is retiring
Training & Support:
Two weeks training
OperationsYear Established: 1945
Days & Hours of Operation: 7 days - 8:00am - 12:00am
Owner Hours: FT
Employees: 35
Absentee Owner: No
LocationLease Expire: 0000-00-00
Square Footage: 28000
Type of Location: Stand Alone
Facilities:
Located on five acres of landscaped ground, and the perfect backdrop for photographs, this beautiful facility was established in 1945 and can accommodate two weddings at once with seating for 550 guests. Ample Parking. Very valuable liquor License and real estate included. This establishment is perfect for weddings or any special occasion.
SummaryBusiness Description:
Catering and Banquet Services