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Elegant Restaurant Catering with 6.6 acres of Property
| Asking Price: | $1,950,000 | Inventory: | $20,000 ** |
| Gross Revenue: | $1,400,000 | Real Estate: | $1,400,000 ++ |
| Cash Flow: | $300,000 | FF&E: | $400,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Established and well known since 1950 Restaurant Catering with sunken dance floor serving Duchess County, Ulster County and all of the Hudson Valley and with banquet facilities, and reception halls for up to 500 guests. Business Specializes in Weddings, Anniversaries, Proms and Parties of all types. During the weekdays from 5PM to 10 pm restaurant offers elegant dining serving Italian food and steak. Large bar with full liquor license. Dinner and dancing every Saturday night. Sunday Brunch is also served for parties of 30 or more. Business is open 6 days per week from 4p -10pm. Closed on Tuesday. For additional information please contact Mark Gavrilov 516-942-3588 or visit our web site at www.gmdcbc.com
About the Business
Year Established:1950
Employees:8 full time - 20 part time
Facilities:Business situated on well landscaped 6.6 acres of property. Catering hall consist of 6 large rooms separated with removable dividers and occupies 16,000sqf. In addition there a three bedroom house on the property that is being rented for $850 per month. Real Estate tax is $17,000 per year. Parking for 175 cars.
About the Sale
Reason For Selling:Retirement
Seller Financing:Financing is a possibility negotiable
Attached Files - Attachment Disclaimer
 | interiorcateringhall3.jpg | ||
| interiorcateringhall1.jpg | ||
| bar.jpg |
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Industry: Food and Beverage
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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