Price: $5,978,024
Location: Midwest Region
Industry: Banquet Halls
Listing ID: 04292201.1
Listing Status: New
Includes Business, Real Estate, FFE and Inventory - These Midwest Regional family-owned banquet and event centers have been operating in the Midwest Region, since 1991. These two venues have a high reservation history, over a year in advance for weddings, corporate events, community meetings and other local events. The banquet and event centers have a reputation for high-end products, reliable services and are fully staffed with 2 General Managers; 1 Controller; 4 Sales Representatives; 2 Executive Chefs and 40 part-time employees. These two banquet & event centers are positioned for strong growth for the future in the current marketplace.
Total Sales: $4,000,000
Cash Flow: $661,500
FFE: $248,596
Inventory: $50,000