Very Successful Restaurant Bar And Banquets And Catering Facility
Asking Price: | $4,000,000 |
Gross Revenue: | $4,300,000 |
Established Year: | 1977 |
Cash Flow: | $330,000 |
Real Estate: | $3,800,000 |
Business is well known and in existence for decades.
Very large property which is included in the asking price.
Constant business in addition to other additional profit centers which the current Owner is not doing, since the Owner wants to retire.
Currently business is doing about, (besides the Restaurant, Bar and Catering) 1500 Banquets per year with additional room to grow since they have a website but not doing any additional advertising, which a new Owner could build from that.
Open 6 days a week.
This is a turnkey operation; Owner is constantly making upgrades to the property.
Price includes Business, Property Equipment, Liquor License and all Goodwill.
Adjusted Net income (with ad backs) is approx. $800K.
Any prospects must be fully experienced and capitalized to purchase.
This is a Bankable Business.
This is an opportunity of a lifetime to maintain the existing business and to expand.
Serious inquires only.
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