This is a well established restaurant with numerous seminars, meetings, banquets and weddings booked for 2009. Additional income from catering services. Major highway location. Long time owner wishes to retire. Large banquet style kitchen. Meeting rooms can accommodate 10-250 people. One of the few banquet facilities in the area. Tremendous up side potential for ambitious owner/operator. This is a confidential listing. Exact location will be provided upon receipt of completed confidentiality agreement which can be found at www.cbcorion.com.
Financials
Price: $795,000
Gross Income: $0
Cash Flow: $0
FFE: $100,000
Inventory: $0
Real Estate Value: $700,000
About the Business
Office Reference ID: #
Year Established: 1971
Financing:
Training:
Facilities: 13088 Sq Ft masonry building on 1.43 acres with parking for 110 vehicles. Lounge area seats 90, dining room & meeting rooms can accommodate up to 250.
Competition:
Growth:
Business Listed By
Name: Mike Schmitt
Company: Coldwell Banker Commercial Orion
Phone: 320-251-1177
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