Banquet Hall in Queens County, NY - 32862

Not Disclosed, NY
Queens County

Queens County


Asking Price: Annual Revenue:
$600,000 Not Disclosed

Food & Beverage: Catering, Food Preparation


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RE: Banquet Hall in Queens County, NY - 32862 Broker: Boris Teodoro
Owner Financing is Available!
500,000.00 Down & Seller will hold note or take on a strategic partner

Quick Facts

Asking Price: $600,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: Not Disclosed
BBN Listing #: 99814447
Broker Reference #: 32862

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Business Overview:

Once in a lifetime. This is a beautiful banquet and catering hall in a classic style building in Queens County.There is a 40 foot center stage and room for over 500 people with amazing acoustics, dance floor and auditorium.In the process of a 400K renovation from electrical, plumbing, carpets, paint and flooring, the owners are in the process of creating a perfect turnkey venue.There is also a separate big entrance call which can be rented.Currently, all catering is outsourced, but there is room to add a kitchen and increase revenue.There are 24 years left on the lease and seller is open to selling the whole business or taking on a strategic partner.Call Boris Teodoro today and check out this unique business today.

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Reason for Selling:

needs funding

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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