Asking Price: $900,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: $3,000,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Attention Caterers, Restaurant Owners and Event Specialists - If you have ever dreamed of running a VERY LARGE Venue which can accommodate huge Catered Affairs or Musical Events, this is your chance to own a one-of-a-kind Venue with the flexibility to run everything from huge Weddings to Bar Mitzvah’s to Corporate Parties. The venue has capacity for over 1,300 guests, a full kitchen with plenty of capacity to do off-premise catering as well as in-house, plus several bars. The Seller invested over $3 Million into this amazing build-out making it virtually impossible to duplicate on Long Island. With a very long lease, low overhead and one of the most unique venues around, this business has tremendous upside, all you need is the right operator. Qualified candidates please ask for listing 13709 when inquiring about this opportunity.
About the Business
Number of Employees:
capacity for over 1,300 guests, a full kitchen with plenty of capacity to do off-premise catering as well as in-house, plus several bars
Massive Catering/Event Venue for Sale on Long Island
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
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