1599 Banquet Hall & Catering Company

Not Disclosed, WI


Asking Price: Annual Revenue:
$699,000 $1,600,000

Food & Beverage: Catering, Food Preparation


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RE: 1599 Banquet Hall & Catering Company Broker: Tim Bullard

Quick Facts

Asking Price: $699,000
Annual Revenue: $1,600,000
Net Profit: Not Disclosed
Cash Flow: $222,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1975
Employees: Not Disclosed
BBN Listing #: 639022468
Broker Reference #: 1599

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Business Overview:

An extremely well known and premier Wisconsin catering business with a large hall and outdoor event area.  The real estate is located in a highly visible location.

With the strength of consistent positive cash flow over nearly 2 decades, this caterer has been able to weather COVID and the greatest economic stress this market has experienced.  With expectations high going into 2021, this business is expected to recover sharply since several local and regional competitors did not survive 2020.

This business cash flows nicely throughout the year with margins above industry averages and should again in 2021.  The hall is booked on most week-ends and the catering business has a healthy mix of weekday bookings, events and conventions.

Sellers are looking to retire and willing to provide training and expertise to ensure a smooth transition.

The real estate can be purchased for $1,600,000.

With its outstanding cash flow and prime real estate, this business is a great buy and investment for your future.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

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.

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