- Advert ID: 588877
Banquet Facility with Great Catering Business For Sale
- Location:
-
- Canada
- > Ontario
- > Greater Toronto Area
- > North of GTA
- Category:
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Summary
- Asking price:
- $175,000
- Sales revenue:
- $600,000
- Net profit:
- $90,000
- Years established:
- 10
- Employees:
- 15 partime
- Relocatable:
- This business can be relocated.
Business description
This business comes with a flexible existing lease with building owner open to extension. Many contracts are secured into 2009. Highly visible name and recognized in the area. Newly decorated by leasee, all banquet facility contents included with sale, this includes top quality kitchen equipment glassware, china & cutlery +++ many essentials included for catering to the largest functions in the area.
Property information
- Real Estate:
- Lease
- Lease terms:
- 2.5 years plus 5 option, building owner open to discussion!!
- Location:
- Barrie/Simcoe County
Other information
- Expansion potential:
- great potential, lots of repeat clients
- Competition / Market:
- little competition, business grows every year, owner looking for a change
- Support & training:
- assistance in transition
- Reasons for selling:
- personal
- Furniture / Fixtures value:
- $100,000
- Inventory / Stock value:
- $12,000
- Website:
- barriebanquets.com
Contact the seller
need to search again?
- Canada
- > Ontario
- > Greater Toronto Area
- > North of GTA
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