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Business For Sale

Elegant Restaurant Catering

Ulster, NY, USA

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Year Established:
Employees:
Listing Number:
$1,950,000
1950
8 Full Time / 20 Part Time
71368197
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
Not Disclosed
Not Disclosed
$300,000
Not Disclosed

Business for Sale Overview:

Established and well known since 1950 Restaurant Catering with sunken dance floor serving Duchess County, Ulster County and all of the Hudson Valley and with banquet facilities, and reception halls for up to 500 guests. Business Specializes in Weddings, Anniversaries, Proms and Parties of all types. During the weekdays from 5PM to 10 pm restaurant offers elegant dining serving Italian food and steak. Large bar with full liquor license. Dinner and dancing every Saturday night. Sunday Brunch is also served for parties of 30 or more. Business is open 6 days per week from 4pm -10pm. Closed on Tuesday.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Property Features and Assets:

Business situated on well landscaped 6.6 acres of property. Catering hall consist of 6 large rooms separated with removable dividers and occupies 16,000 square feet. In addition there a three bedroom house on the property that is being rented for $850 per month. Real Estate tax is $17,000 per year. Parking for 175 cars.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Elegant Restaurant Catering
Business Listed By:
Mark Gavrilov
GMDC Business Consultants
contact the seller
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