Catering Hall & Event Center

Not Disclosed, OH

Northern Ohio

Asking Price: Annual Revenue:
$479,000 $512,000

Food & Beverage: Catering, Food Preparation

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RE: Catering Hall & Event Center Broker: Roy Huffman

Quick Facts

Asking Price: $479,000
Annual Revenue: $512,000
Net Profit: Not Disclosed
Cash Flow: $267,000
Total Debt: Not Disclosed
FF&E: $171,600
Real Estate: Not Disclosed
Year Established: 2017
Employees: 22
BBN Listing #: 64802743
Broker Reference #: 05-102

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Business Overview:

Event Center and Catering Hall for sale in Northern Ohio near Lake Erie and the Islands. This profit machine had 2018 sales of $512,000! Coupled with low overhead, it generated an amazing net income of $267,000!! Already, contracted bookings are approaching $600,000 for 2019 and $300,000 for 2020, plus more for 2021. They specialize in weddings and wedding receptions, civic and corporate events, banquets, dances, private parties, etc. This all-inclusive venue provides banquet style seating for 550 guests and up to 700 theatre style. Includes commercial grade kitchen, large bar area, stage, dance floor and cutting-edge lighting and sound. This 12,000 square foot facility has become the areas premiere event destination, and very positive customer reviews are pouring in.

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Property Features and Assets:

Located in Northern Ohio.

Reason for Selling:

Other interests.

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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