Hot Listing

100% "On Premise" catering with Real Estate & Liquor

Asking Price$2,900,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$10,000
Not included in asking price
FF&E$500,000
Included in asking price
Real Estate$1,500,000
Included in asking price
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Hot Listing

100% "On Premise" catering with Real Estate & Liquor


Asking Price$2,900,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$10,000
Not included in asking price
FF&E$500,000
Included in asking price
Real Estate$1,500,000
Included in asking price

Seller Financing Available
Business Description
100% "On Premise" catering with Real Estate & Liquor
Very well maintained facility and large property with 2 banquet/event rooms with lovely surrounding grounds. Outdoor wedding space, patio and deck. Pull up to beautifully landscaped paver entrance and views of Morris County country mountians
About the Business
Years in Operation
30
Facilities & Assets
9ksf building on 3 acres. 2 kitchens, 2 event spaces, large patio, 2nd flr deck, outdoor event space for ceremonies etc. Valuable "33" NJ liquor license included also. Future bookings presently $500,000
Market Outlook / Competition
The catering/banquet/event market in NJ is booming. This unique facility is unique find for the first time experienced restaurant/banquet operator. Very hard to find catering facilites with real estate for sale at this time.
Opportunities for Growth
Unlimite growth potential for the hands on owner. Sales can likely double with youthful energy and sales personel. Facility could be expanded too.
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
Retiring
Transition Support
What ever is needed for smooth transition. Hands on buyer needs to have experience.
Financing Options
To qualified buyer with experience and 40% down payment
Listing Info
ID
2391202
Listing Views
679

Contact Seller

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Business Listed by: Tim Delaney Delaney Restaurant Realty

Listing ID: 2391202 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. See our full Terms of Use. Learn how to avoid scams.


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