Banquet And Reception Center For Sale - Cincinnati, Ohio, OH - Hamilton County

PROFILE: Banquet And Reception Center. Well Established And Profitable For Over 20 Years.

AD/LISTING INFORMATION
Status: Available
State: Ohio
Location: Cincinnati
County: Hamilton
City: Cincinnati
Primary Category: Restaurant Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  128847
Seller Or Contact:  Greg Hedgebeth
Primary Phone:  513-321-7666
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  10/14/08
Date Ad Last Revised:   11/11/08

FINANCIAL INFORMATION
Asking Price: $650,000
Down Payment: $650,000
Annual Revenue: $300,000
Annual Adjusted Net: $129000
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Call

DESCRIPTION: 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.

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Need financing for your down payment or to buy a business? Use your RETIREMENT FUNDS - 401k, IRA to fund a down payment or to finance the purchase of a business - tax free and penalty free! Call Tracy Piippo now at 800-518-4463 (24 Hr) for a complete information packet and for details on how to utilze your retirement funds without paying taxes and penalties!



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