Banquet and Reception Center $130K Cash Flow Est 20 yrs
Location: Ohio > Hamilton County > Cincinnati
Industry: Food and Beverage > Other Food and Beverage
Financials
Asking Price: $650,000
Gross Revenue: $300,000
Cash Flow: $129,000
FF&E: $189,000 (Included in Asking Price)
Real Estate: $475,000 (Included in Asking Price)
Business Summary
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.
$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.
About the Business
Year Established: 1987
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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