This rapidly growing spacious 3,000 square foot/100 seats restaurant and banquet hall takes great pride in creating unforgettable moments for special occasions, including weddings, corporate events and private parties. With elegant décor and delicious food, this business has established itself as a trusted provider of catering and event management services. Busy off-site catering helps bring in healthy revenue. Easy freeway access and abundant parking. Attractive long-term lease terms. All new equipment includes a 12' hood, gas range, char broiler grill, new commercial water heater, alarm system, walk-in freezer/cooler and much more.

General Info

  • OrganizationCorporation
  • Established2023
  • Current Owner2023
  • Employees2 FT; Part time own call
  • Reason For SaleContact For Info

Facilities

  • Seating100
  • Square Feet3,000
  • ParkingParking lot
  • LicensesHealth permit
  • Open HoursSun - Mon 11 a.m. - 9 p.m.

Lease

  • Rent$8,000
  • Expiration9/28
  • Yearly Increase3%
  • Option5 year option
  • DepositContact For Info

Financials

  • Monthly Revenue$30,000
  • Monthly Cash FlowContact For Info
  • Annual Revenue$360,000
  • Annual Cash FlowContact for Info
  • PayrollContact For Info

Financing

  • Down PaymentContact For Info
  • Note BalanceContact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location