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- RE: Recently Renovated Catering Facility
- Contact: Robert Petrin Jr
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 |
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 homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New Jersey businesses for sale
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