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Assets Of Catering Hall And Kitchen In New York For Sale

New York, US
Asking Price:
$115,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Unique On/Off Site Catering Hall & Kitchen - 7200 sq ft. Assets and lease for sale. The current owner has had this business for over 11 years. They have 9yrs. remaining on their lease with a base Rent of only $650/MTH. including utilities, plus chair rental. They have use of 7,200 sq. ft. hall, including a full restaurant-style kitchen, ballroom and outdoor tented area for a minimal charge per chair. The space is on the premises of a religious organization, but can be used for any type of function, from birthday parties to Bar Mitzvahs and Weddings. They are best known for Kosher style catering in an upscale area of Suffolk County, but the facility and kitchen can be used for Kosher and Non-Kosher food prep and events, even Halal! The business was closed in 2020 and part of 2021 due to Covid, but are now able to offer services for large events again. The business lease and assets are being sold. The $115K asking price is not based on sales. The owner is looking to retire, as he is over 70 yrs. old. We are seeking a serious and financially qualified buyer with upscale catering experience.

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Business Operation

Reasons for selling:

Retirment

Employees:
1 FT 30 PT
Years established:
11

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$100,000