Business for Sale Overview:
This is a well established business that has three income centers:
One is the well established catering business. They have a fully equipped kitchen on site and also have the equipment to take the cooking to any off site party or meeting venue. This includes a van and fully equipped trailer. They have a reputation for good food, reasonable prices and for always pleasing the clients. They offer varied menus, full service at the events, creative serving displays and much more.
The business includes a large and attractive reception and party hall that is available for almost any size event. The rental of the hall is steady as the demand for a party venue is large and seems recession proof. Most of the hall rentals will include the food and catering services. The hall is used almost weekly for various church services and/or meetings plus a civic group has a catered luncheon meeting every week.
In late June the business started serving lunch specializing in home cooked family style dishes. This does not add much to the overhead while increasing sales. Only serving 4 days a week, they offer a daily menu with 2 meats, four vegetables, bread, assorted desserts and drink, all for one low price. This has proven to be a big hit and will add to the profits. Project net profits will increase by $50,000 +/- annually with the lunch addition.
Owner will train and offer assistance to a new owner. Sale price includes the real estate valued at $750K.
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:
Included in sale price.
Market Competition and Expansion:
The only first rate party/reception hall in the area. The catering is known for good food at great prices.
Reason for Selling:
Career Change
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.