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Premier Wedding & Banquet Business, With Full Marina, Bar and Fine Dining Restaurant!
| Asking Price: | $3,400,000 | Inventory: | $50,000 ++ |
| Gross Revenue: | $1,260,000 | Real Estate: | $1,900,000 ++ |
| Cash Flow: | $330,000 | FF&E: | $150,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
high percentage of repeat business
Founded in 1996, this highly profitable banquet facility, bar/restaurant, and full Marina are strategically located on an Ohio River tributary. It has a loyal customer base and a high percentage of repeat business.
The current owners have run the business since 2007, growing it to its current level. They manage the day-to-day operation with a staff of well-trained and dedicated employees. They are exiting the business for health reasons.
• $1,260,000 Sales Annually
• EBIDTA $330,000
• 13 Years in Business
• Great Location on an Ohio River Tributary!
• 400 Seat Banquet Area
• Full Service, 75 Slip Marina with Year Round Storage
• Live Entertainment Weekly
The current owners have run the business since 2007, growing it to its current level. They manage the day-to-day operation with a staff of well-trained and dedicated employees. They are exiting the business for health reasons.
• $1,260,000 Sales Annually
• EBIDTA $330,000
• 13 Years in Business
• Great Location on an Ohio River Tributary!
• 400 Seat Banquet Area
• Full Service, 75 Slip Marina with Year Round Storage
• Live Entertainment Weekly
About the Business
Year Established:1996
Employees:15 full time - 5 part time
Facilities:The business operates from two buildings: a recently renovated 11,000 sq. ft. bar, restaurant, and banquet facility, dock capability for 75 boats w/gas, and a 5,500 sq. ft boat maintenance building with ample lot storage for all boats.
Market Outlook and Competition:Award winning reputation limits competition. Significant growth potential via retail watercraft sales.
About the Sale
Management Training and Support:As Required.
Reason For Selling:They are exiting the business for health reasons.
Seller Financing:Yes, seller financing is available
KEYWORDS: wedding, banquet, banquets, catering, cater, caterer, pa, pennsylvania, marina
Sell Your Business | This listing has been viewed 183 times
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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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