- Advert ID: 653741
- (Seller ref: 41420087)
Banquet & Reception Center With 130K Cashflow Established 20 Years For Sale
- Location:
-
- United States
- > Mid West
- > Ohio
- > Cincinnati
- > Cincinnati
- Category:
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Summary
- Asking price:
- $650,000 (Furniture / Fixtures included)
- Sales revenue:
- $300,000
- Net profit:
- $130,000
- Years established:
- 1987
Business description
Banquet and reception center. Well established and profitable for over 20 years. Absentee owned, management in place. Over 80 events last year includng 39 wedding receptions. Full liquor license including Sunday sales. Full kitchen. Very little marketing. Almost all the business is from referrals. Great opportunity to expand the business with strong marketing efforts. Building, capacity 350, and land with plenty of parking, also included (3 acres). Can purchase business separately and lease building and land.
$300,000 in sales, $130,000 cash flow, Asking price $650,000 ( 475,000 land and building and $175,000 for business). Cincinnati, Ohio area. Ideal for catering company to purchase.
Property information
- Real Estate:
- Real Property Included
Other information
- Furniture / Fixtures value:
- $190,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- United States
- > Mid West
- > Ohio
- > Cincinnati
- > Cincinnati
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