High profitable banquet hall! Turnkey opportunity strong revenue

Passaic, NJ
Asking Price:$275,000
Gross Revenue:$350,000
Established Year:2019
Cash Flow:$120,000
Rent:$9,500/Month
BUSINESS DESCRIPTION

“Established, High-Growth Banquet Venue – Exceptional ROI and Loyal

This is a rare opportunity to own a well-established banquet hall business with consistent profits and a solid reputation in the community. Located in a prime area with high demand for weddings, corporate events, and special occasions, this venue offers ample space, elegant décor, and modern amenities.

The business boasts a loyal clientele, repeat bookings, and strong year-over-year revenue growth. With a proven operational model and a team already in place, it’s perfect for an owner looking to step into a profitable, fully operational business.


DETAILED INFORMATION
Location
Passaic, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
7,500
Employees
5
Facilities
Includes chairs/tables, soda machine, refrigerator etc
Competition
Not much competition in the area
Growth & Expansion
Has potential to sell double of what it’s selling
Support & Training
Will support and train as much needed
Reason for Selling
Will be moving
Franchise
This business is an established franchise
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Randy Abreu
Randy Abreu