Catering and Banquet Facility in Northern Michigan

Not Disclosed, MI
Mecosta County

Mid-Michigan


Asking Price: Annual Revenue:
$375,000 Not Disclosed

Food & Beverage: Catering, Food Preparation


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RE: Catering and Banquet Facility in Northern Michigan Broker: Rob Anderson
License #: 6501395367
Owner Financing is Available!
Subject to Seller Approval

Quick Facts

Asking Price: $375,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: 12
BBN Listing #: 467960403
Broker Reference #: 2019-15

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Business Overview:

Business Description/Investment Opportunity
CK’s Place is a Banquet Facility nestled in the countryside of Mecosta County. The Banquet Facility seats 299 people and has an outside terrace that can accommodate 300 more.CK’s

Place Banquet Facility is the home of Mecosta Counties 2006 to 2009 People’s Choice Award-winning catering company and Leadership Mecosta’s ‘Taste of Mecosta’ People’s Choice and Best Display. Kelly’s Catering is the area’s oldest and most preferred with great service since 1979. With that in mind …Kelly’s Catering prepares all food for CK’s Place Banquet Facility. Award-winning Food, People, and Service await their clients at CK’s Place.

The facility is state of the art, well organized, and set up to become a full-service restaurant or a year-round destination for whatever you may want to grow the business.

The owners operate this business during the summer and early fall months.

Detailed Information
Asking Price: Accepting Offers!
Gross Revenue: $100,000.00 +/-
Established: Operating for over 20 years!
Inventory: The Inventory varies during seasons.
Real Estate: The real estate was appraised more than $325,000.00.
Building SF: 5,000 Square Feet
Employees: 10-20 employees from time to time, depending on the engagements is catering.
Facilities: The facility is updated and in exceptional condition. The owners take pride in keeping the facility completely clean and are proud of the quality. The facility is over 6,000 square feet and surrounded by a large well-lit parking lot for the benefit of the customers. The business is in a beautiful country setting, with an outdoor venue.
Competition: This is limited competition in the area for a catering venue.
Growth & Expansion: Near a mid-sized city and surrounded by lakes in rivers within the community this community serves.
Support & Training: Owners want to ensure success for the new owner and are willing to support and train the new owners.
Reason for Selling: Retirement

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Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is not 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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