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Business For Sale

Cash Generating Catering Hall 21048

New York County, NY

Food & Beverage: Conv & Food Stores

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$750,000
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FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
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22
1824447
Owner Financing is Available!
450,000 down & seller financing of $300,000 @10% over 24 months

Business Overview:

8,000 sq. ft. full service catering hall facility on the intersection of two busy roads near a major highway and a recently completed large-scale development project that has brought even more traffic to the surrounding area. This facility has 3 rooms, a kitchen, a spacious basement with office, and a private owner parking space. The business has been operating for almost 50 years and has a liquor license as well as a cabaret license, which is extremely difficult to obtain. An innovative and energetic new owner can introduce a new restaurant or buffet concept that is open 7 days a week, a night club, or a large scale restaurant franchise. The monthly rent is $9,300 which includes real estate tax Interested qualified buyers must show proof of funds to view location.

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.

Reason for Selling:

Personal

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.

Resources: