Beautiful Restaurant Catering Hall - 3986
Business Type: other eating & drinking places,restaurant/ cafes/ diners,misc. service/non-classifiable
Acted as the Advisor to the Deal
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $1,500,000 | Down Payment | $800,000 |
| Gross Revenues | $0 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $0 | Number of FT Employees | Register Free to View |
Financing
$800,000 Down and 5 yrs@7%
Business Description
For any high level restauranteurs and caterers this is the mac-daddy of all opportunities. This restaurant and catering facility would cost somewhere between 3 and 4 million dollars to build, so for this selling price it is a flat out giveaway. The restaurant consists of between 180 and 200 seating in a very classy and upscale setting with 3 beautiful fireplaces. Seating can be tablecloth as well as without. Adjoining the restaurant is a beautiful catering room with seating for about 80. On the lower level is a very beautiful lobby which leads into a catering hall with a capacity of 180-200 people. There are 2 full kitchens on each level with all the equipment and tableware and cookware ready to use. The facility also has a pantry for a bakery where desserts and wedding cakes can be made. The facility also comes with a room for washing machines and dryers to clean all table cloths and linen and also includes lockerooms for all employees to dress before and after working.There are also separate offices for the restaurant as well as the catering operation. This venue is truly a total package for an operation that can handle literally thousands of diners for lunch and dinner every week. The infrastructure must be seen to be believed.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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