Banquet Hall with Multifaceted Lucrative Revenue Stream

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Very profitable business
Asking Price:
$6,000,000

Gross Revenue:
$1,400,000
Cash Flow:
$600,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$4,500,000
included in asking price

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Business Description

The cost to create a memory cannot be compared to any material good. Creating lifelong memories by literally converting ones fantasy into reality is a service that will always be in demand. This newly renovated 25 thousand square foot facility is not your common Banquet Hall opportunity. As this location consist of a Restaurant, Catering, Liquor Store, Grocery Store and Adult Daycare with an annual contract that more than covers the current monthly expenses. Customers have international options as this Banquet hall offers a full range of dishes and themes designed to customize your events weather its Russian, American, Italian etc. From Weddings, Conferences, Retirement Parties, Fundraisers, to Corporate Conventions anything your customer can fathom you can bring to fruition in confidence. As previously mentioned the cost of material goods is no comparison to the importance of a sentimental memory, which is why customers are willing to pay a pretty penny to make sure everything turns out well. Rarely will you find a a facility this large and beautiful with existing streams of multiple incomes already in place accompanied by a recent appraisal reflecting a value of 4.5 million dollars, in a community with little to know competition. I don’t expect this listing to last long so please contact us as soon as possible.

About the Business

Location:
Baltimore, Maryland
Real Estate:
Owned
Building Sq. Ft.:
25,000
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About the Sale

Reason For Selling:
health

Listing Info

ID:
1635783
Ad Detail Views:
2195

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Business Listed by

Yuri Kovalenko

Transworld Business Advisors of Baltimore

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