Gross Revenue: $3,400,000

Gross Revenue Comments: Revenues range from $3.4M to $5M

Cash Flow: $500,000

Inventory: $150,000 (Included in Asking Price)

FF&E: $3,100,000 (Included in Asking Price)

Real Estate: $5,100,000 (Included in Asking Price)

Seller Financing: Owner may consider partial financing for well qualified buyer

Magnificent banquet facility serving the central New England market. The real estate and business assets exceed the asking price. This business has achieved an excellent reputation for delivering quality at a reasonable price. This is a tremendous opportunity for the right buyer. Only highly qualified buyers please. A confidentiality agreement and a statement of qualifications are required.

Year Established: 1970

Facilities: The primary assets are the real estate and the furniture and fixtures. The real estate is about 10 acres of land with a building of over 50,000 square feet. The furniture and fixtures are everything necessary to run a $5M banquet facility business.

Market Outlook and Competition: This business has competition for the smaller sized groups, but the competition is limited for very large groups. They have also achieved a significant efficiency in their packaging and delivery.

Management Training and Support: A transition period will be provided.

Reason For Selling: Owner is retiring after many years in the business.