Southern Maine Banquet Facility with Off-Premise Catering
| Asking Price: | $930,000 | Inventory: | |
| Gross Revenue: | $800,000 | Real Estate: | $605,000 ++ |
| Cash Flow: | $155,000 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
Established in 1979, this free standing banquet facility is strictly for private functions. This businesses success is due to outstanding service, excellent food, and a total commitment to the details of each and every banquet.
The banquet facility can seat up to 400 people, and soundproof partitions can divide the 6000+/-SF facility in to one, two, three, or four room layouts.
In addition to wedding ceremonies & receptions, they also host business meetings, cocktail receptions, school events, funeral receptions, benefit/auction events, trade shows, seminars and the like. Completely handicap accessible.
The professional and courteous staff consists of: owner, chef, maintenance/cleaner, hostess/waiter, and part time dishwasher, bartenders and wait staff as needed.
This business is known for its constant quality, service, and dependability. Likewise, the financials are constant and solid. This is a great opportunity.
The banquet facility can seat up to 400 people, and soundproof partitions can divide the 6000+/-SF facility in to one, two, three, or four room layouts.
In addition to wedding ceremonies & receptions, they also host business meetings, cocktail receptions, school events, funeral receptions, benefit/auction events, trade shows, seminars and the like. Completely handicap accessible.
The professional and courteous staff consists of: owner, chef, maintenance/cleaner, hostess/waiter, and part time dishwasher, bartenders and wait staff as needed.
This business is known for its constant quality, service, and dependability. Likewise, the financials are constant and solid. This is a great opportunity.
About the Business
Year Established:1979
Employees:4 full time -
Facilities:6,000+/-SF, 75 parking spots + additional leased parking.
Market Outlook and Competition:This has been a steady business. The facility has excess capacity and new energy may take this to the next level.
About the Sale
Management Training and Support:Key personnel in place. Seller will assist in training & transition depending on needs of the purchaser.
Reason For Selling:Retirement.
Seller Financing:Ideal for owner occupied. SBA Financing.
KEYWORDS: catering, restaurant, banquet, wedding hall, food service, reception halls, function rooms
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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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