Business For Sale

Recently Renovated Catering Facility

Not Disclosed, NJ
Warren County


Asking Price: Annual Revenue:
$1,250,000 Not Disclosed

Food & Beverage: Catering, Food Preparation


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RE: Recently Renovated Catering Facility Broker: Robert Petrin jr
Owner Financing is Available!
With 1/3 down payment.

Quick Facts

Asking Price: $1,250,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $895,000
Year Established: 1997
Employees: 20
BBN Listing #: 303645063
Broker Reference #: 23

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Business Overview:

After over 20 years of success, the chef / owner is ready to retire. Located in the desirable Easton PA area,with seating for 520 in 3 banquet rooms, and 80 in the restaurant & bar.

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Property Features and Assets:

This facility has had $500,000 in improvements in the last two years, including a new roof, new air conditioning system, an updated banquet room. Two parking lots with 80 on site spaces plus street. building has three apartments. located on busy county road.

Market Competition and Expansion:

With a lot of restaurant growth in the Easton area, there are a limited number of local catering facilities. Increase sales with younger ownership with some fresh ideas.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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