Owner Financing is Available!
Business Overview:
This is a catering facility in Ocean County New Jersey and has been ranked #1 in annual surveys about the best caterer in the area. The facility is located in an annex to a hotel/motel and uses the hotel liquor license. It features a main ballroom for 175, 2 bars for cocktails with seating and a magnificent patio often used for cocktail parties and wedding ceremonies. Here's an opportunity to own a first class catering facility for a very low cost. The current management is mostly absentee so there is a huge upside in profits possible. Buyers reveive $100,000+ at closing for party deposits
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.
Property Features and Assets:
The facility is located only a few hundred yards from a New Jersey Parkway exit in Ocean County, New Jersey. There is approximately 5,000 square feet of space which includes a main ballroom, 2 cocktail areas with seating and a full patio with seating for 100+. There is ample parking and a well landscaped exterior. They only do one function at a time giving the guests a great sense of privacy. It is connected to a major hotel/motel chain and uses their liquor license.
Market Competition and Expansion:
An owner operator can easily increase profits. You can enjoy the previous reputation for the best catering facility in the area and not have to spend millions.
Reason for Selling:
Owners have purchased another business
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.