Banquet Hall with Multifaceted Lucrative Revenue

Not Disclosed, MD
Baltimore City County


Asking Price: Annual Revenue:
$6,000,000 Not Disclosed

Commercial Real Estate: Non-classifiable


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RE: Banquet Hall with Multifaceted Lucrative Revenue Broker: Yuri Kovalenko

Quick Facts

Asking Price: $6,000,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $650,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 314651174
Broker Reference #: 76551-730903

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Business Overview:

The cost to create a memory cannot be compared to any material good. Creating lifelong memories by literally converting ones fantasy into reality is a service that will always be in demand. This newly renovated 25 thousand square foot facility is not your common Banquet Hall opportunity. As this location consist of a Restaurant, Catering, Liquor Store, Grocery Store and Adult Daycare with an annual contract that more than covers the current monthly expenses. Customers have international options as this Banquet hall offers a full range of dishes and themes designed to customize your events weather its Russian, American, Italian etc. From Weddings, Conferences, Retirement Parties, Fundraisers, to Corporate Conventions anything your customer can fathom you can bring to fruition in confidence. As previously mentioned the cost of material goods is no comparison to the importance of a sentimental memory, which is why customers are willing to pay a pretty penny to make sure everything turns out well. Rarely will you find a a facility this large and beautiful with existing streams of multiple incomes already in place accompanied by a recent appraisal reflecting a value of 4.5 million dollars, in a community with little to know competition. I don’t expect this listing to last long so please contact us as soon as possible.

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Reason for Selling:

Health

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.

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