Business for Sale Overview:
Rare opportunity to purchase not only a well established restaurant and function hall perfectly designed to cater weddings, meetings, and conferences of any size. This is a turn key successful business that has averaged over $1.5 million in gross sales and over on an average basis for over the past 5 years plus approximately $15,000 in net lottery income. There are still opportunities for expansion and increasing sales with a hands on owner, discretionary cash flow averages $200,000 or more.
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:
Rare opportunity to purchase not only a well established restaurant and function hall perfectly designed to cater weddings, meetings, and conferences of any size. This is a turn key successful business that has averaged over $1.5 million in gross sales and over on an average basis for over the past 5 years plus approximately $15,000 in net lottery income. There are still opportunities for expansion and increasing sales with a hands on owner, discretionary cash flow averages $200,000 or more.
Reason for Selling:
Refocus on start up business.
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.