On/Off Site Catering Hall - 7200 sq ft.- 28002

Suffolk County, NY
Suffolk County

Asking Price: Annual Revenue:
$250,000 $250,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: On/Off Site Catering Hall - 7200 sq ft.- 28002 Broker: Melvin L. Vaz
Owner Financing is Available!
125,000.00 Down & $125K over 2 yrs. @ 6% (negotiable)

Quick Facts

Asking Price: $250,000
Annual Revenue: $250,000
Net Profit: Not Disclosed
Cash Flow: $125,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 31
BBN Listing #: 62454447
Broker Reference #: 28002

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Business Overview:

Unique On/Off Site Catering Business and Hall - 7200 sq ft. *PRICE REDUCED* They are best known for Kosher style catering in an upscale area of Suffolk County. NO KOSHER CERTIFICATION. (Not exclusively Kosher). The current owner has had this business for over 7 years. They have 13yrs. remaining on their lease. They have use of 7,200 sq. ft incl. a full restaurant style kitchen, ballroom and outdoor tented area for a minimal charge per chair and a RENT OF ONLY $6,930 FOR THE YEAR! The space is on the premises of a religious organization, but can be used for any type of function from birthday parties to Bar Mitzvahs and Weddings. In the past year the business grossed approx. $250,000.00 with a cash flow of approx. $125,000.00. The owner is looking to retire as he just reached 70 yrs. old. We are seeking a serious and financially qualified buyer with upscale catering experience. if you meet the criteria, please call 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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Reason for Selling:


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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