Business To Buy

1599 Banquet Hall & Catering Company

Not Disclosed, Wisconsin
An extremely well known and premier catering business with a large hall and outdoor event area for sale in Wisconsin.

With the strength of consistent positive cash flow over nearly 2 decades, this caterer has been able to weather COVID and the greatest economic stress this market has experienced.  With expectations high going into 2021, this business is expected to recover sharply since several local and regional competitors did not survive 2020.

This business cash flows nicely throughout the year with margins above industry averages and should again in 2021.  The hall is booked on most week-ends and the catering business has a healthy mix of weekday bookings, events and conventions.

Sellers are looking to retire and willing to provide training and expertise to ensure a smooth transition.

Real estate can be purchased for $1,600,000.

With its outstanding cash flow and prime real estate, this business is a great buy and investment for your future.


Financials

Price: $699,000
Gross Income: $1,600,000
Cash Flow: $270,000
FFE: $0
Inventory: $0
Real Estate Value: $1,600,000

About the Business

Office Reference ID: #4181-1599
Year Established: 1975
Financing:
Training:
Facilities: visible from a major highway
Competition:
Growth:
Business Listed By
Name:
Company: Lake Country Advisors
Phone: 844-522-7355

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