Banquet Hall CATR160

Location: Middlesex County, New Jersey

Industry: Catering

Listing ID: CATR160

Wonderful business opportunity to own this combination business consisting of a popular restaurant, banquet hall and liquor/wine shop. This thriving historically flourishing destination site is in the heart of one of the fastest growing housing/business markets in Central N.J. This 1750 revolutionary war famous restaurant & wedding/special events facility has demonstrated a consistent positive cash flow and is poised for significant growth in the profitable wedding/banquet, business meetings and off-site catering. Present owners have long enjoyed an ideal lifestyle and stable cash flow and now desire to semi-retire. Ideal acquisition for other successful banquet operator seeking geographical expansion into the Princeton marketplace, corporate executive or professional couple looking for a highly satisfying career and life change, or smart investor looking for solid growth, asset appreciation and safety. Fast growth business plan already in place. Owners are willing to stay on for a negotiated period. The business is in an ideal location for many types of special functions. Since colonial times they have been greeting people from all over the world; many of whom use the restaurant as an extension of their home. This is a dependable business opportunity.

Listing Details

Revenue: $1,600,000

Cash Flow: $185,000

FFE: $1,500,000 (Included in Price)

Ron Cervelli

contactus@regalconsultants.com

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