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Banquet/Reception Center 130K Cashflow Includes Real Estate

Cincinnati, Ohio (Hamilton County)

Retail - Other Eating & Drinking Places | Services - Other Personal Services

Asking Price $650,000 Inventory  
Gross Income $300,000 Real Estate $475,000* 
Cash Flow $130,000 Year Established 1987
FF&E $190,000* Employees N/A

* included in the asking price

** not included in the asking price

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.

AD # 394205

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