Catering Hall - Newly Renovated Seats up to 200

Commack, NY
Suffolk County

Not disclosed


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

Food & Beverage: Catering, Food Preparation


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RE: Catering Hall - Newly Renovated Seats up to 200 Broker: Irwin
Owner Financing is Available!

Quick Facts

Asking Price: $250,000
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: 2008
Employees: 4
BBN Listing #: 691657693
Broker Reference #: Not Disclosed

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Business Overview:

Cocktail room with outdoor patio, large ballroom, all wood floors and 2 large chandeliers. 20 year lease with 9 years remaining with very reasonable terms. Located near 3 main highways in a very affluent neighborhood. Large fully equipped kitchen with everything needed for on or off premise events. Owner willing to stay up to 6 months to help buyer adjust and acclimate to business. Buyer must have experience in upscale catering and the funds to buy and operate the business.

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Property Features and Assets:

The catering hall is located in a reform temple which gives you access to 400 families who are members as well as temple functions in addition to anybody in the community and beyond. Facility has a large parking lot to accommodate 200 guests. The temple is responsible for maintenance, electric, gas, heat and air conditioning.

Market Competition and Expansion:

There is virtually no completion since there is a captive audience.

Reason for Selling:

Retiring

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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