Business for Sale Overview:
Some properties are expressed as too good to be true – but here is a potential catering facility that is true – unlimited virtually no competition in the banquet service end. Present facility located on 3.79 acres – with potential to build out to over 600 or more capacity rooms. At present this magnificently restored 1746 landmark. Has 3 bars, 2 floors and 4 dining rooms (fire capacity 215). Has a rare picnic C license outside alcohol sales. This facility has a natural stream passing through property. Perfect location to either modify the present structure into a top of the line catering/banquet facility. This area of NJ has no competition in this field and has the need for this type of structure and operation, massive parking lot at present can be expanded. Picnic license valued at more than $180,000.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Market Competition and Expansion:
Competition:
If reopened as catering establishment there is no competition – closest is in P.A.
Expansion:
Property is massive – close to 4 acres potential to expand into major catering establishment – has natural stream running through property and possesses outdoor licenses.
Reason for Selling:
Illness of owner
Additional Details:
- The property is leased.
- 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.
Resources: