Established Catering hall and a ballroom dance school for sale. This business operates as a Ballroom Dance School during the week. They do private parties and company parties and have been in business for 50 years. The current seller has owned the business for the last 22 years. The business currently does not have a kitchen, but they outsource their food for parties. The business currently has a small staff, which consist of one person in the main office and then normally 2 to 3 employees when there is a party being held. The profit margin of the business is fantastic (almost 70%). Low rent and the seller rents out the basement of the business and collects around $1400 a month. This is a great opportunity for a new owner/operator to take hold of and grow. Please contact the broker.
- Asking Price:
- $1,300,000
- Sales Revenue:
- $700,000
- Cash Flow:
- $400,000
Business Operation
- Employees:
- 4PT
Other Information
- Support & training:
-
Seller will train
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
600,000.00 Down & $700,000 at 8% over 24 Months
