Conferences and Catering Business For Sale

Business description

What a great market and location for this conference center and catering business and facility. This growing community could use a prudent business person with business acumen. They would not have any problem capturing an increased market share with all that is happening in this city. There are many high tech companies, that represent affluent jobs that are accustom to high dollar social affairs and have larger budgets for those types of events. There is a strong military presence that opens the market for many military events and a strong influx in the population due to the realignment of large well known companies bringing in families with students that opens another market for year end award banquets and other school events. The increased population has also opened the market for companies, entities and individuals having breakfast, luncheons, dinners, receptions and educational events due to the limited venues that can accommodate such activities. An astute business businessman and buyer will recognize this fabulous opportunity to request more details on this turn key and lucrative business that is in the heart of major economic growth. Call today for the details.

Property information

Real Estate:

Real Property Included

Location:

Owned facility that is included in the sale of the business is 7711 sq. ft. on 1 acre.

Other information

Expansion potential:

The facility could have additional rooms added that would allow for additional events and expand the clientele base. A more aggressive marketing program would aid in growth of sales. Additional profit centers would be additional audio/visual equipment, decorations for social events like weddings and quinceaneras and other high end menu options might be some ways to add to profit margins.

Competition / Market:

There is very little competition.

Support & training:

Owner agrees to stay through a reasonable transition period.

Reasons for selling:

Retirement.

Financing available:

There is no owner financing available

Furniture / Fixtures value:

$117,064 (included in the asking price)

Inventory / Stock value:

$10,655 (included in the asking price)