Profitable Banquet Hall Seeking Loan in Clinton Township, United States
Catering company and banquet center which can accommodate 700 guests seeks funding for business development.
This transaction has concluded.
| Established | 40-50 year(s) |
| Employees | 5 - 10 |
| Legal Entity | S Corporation |
| Reported Sales | USD 350 thousand |
| Run Rate Sales | USD 360 thousand |
| EBITDA Margin | 30 % |
| Industries | Banquet Halls + 1 more |
| Locations | Clinton Township |
| Local Time | 11:01 AM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
1.2 million
for
10.0%
annual interest,
10
years
(Native Currency: USD 1,200,000)
Reason: Purchase and renovation of the building.
Collateral Available: USD 250 thousand
Includes physical assets worth
USD
75 thousand
Interested to connect with advisors
Business Overview
- Social catering company and banquet center in Clinton Township that started operations 40 years ago.
- We have experience in catering for weddings, baby showers, graduation ceremonies, birthdays, Thanksgiving, Christmas and the new year parties.
- We can also coordinate a cameraman, a venue, an equipment rental and everything that can make an event exciting and special.
- Business has a leased banquet space, and now we are planning to own it, so we need funds.
- Our assets include website, domain, kitchen equipment, furniture customer database,
- Promoter has more than 35 years of experience in this business.
- We have experience in catering for weddings, baby showers, graduation ceremonies, birthdays, Thanksgiving, Christmas and the new year parties.
- We can also coordinate a cameraman, a venue, an equipment rental and everything that can make an event exciting and special.
- Business has a leased banquet space, and now we are planning to own it, so we need funds.
- Our assets include website, domain, kitchen equipment, furniture customer database,
- Promoter has more than 35 years of experience in this business.
Products & Services Overview
We serve salads, appetizers, burgers, hot dogs, pasta, desserts.
Facilities Overview
Leased office and banquet space which can accommodate 700 guests.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysPresident, Scottsdale, Financial Consultant connected with the Business
-
Earlier than 15 daysCEO, Atlanta, Financial Consultant connected with the Business
-
Earlier than 15 daysIndependent Advisor., Toronto, Financial Consultant connected with the Business
Tags:
Profitable Convention Center Seeking Loan in Clinton Township, United States
·Profitable Kalyana Mandapam Seeking Loan in Clinton Township, United States
·Profitable Catering Company Seeking Loan in Clinton Township, United States
·Profitable Marriage Hall Seeking Loan in Clinton Township, United States
·Profitable Wedding Venue Seeking Loan in Clinton Township, United States
·Profitable Banquet Hall Seeking Loan in Clinton Township, United States
·Lend to Profitable Convention Center in Clinton Township, United States
·Lend to Profitable Kalyana Mandapam in Clinton Township, United States
·Lend to Profitable Catering Company in Clinton Township, United States
·Lend to Profitable Marriage Hall in Clinton Township, United States
·Lend to Profitable Wedding Venue in Clinton Township, United States
·Lend to Profitable Banquet Hall in Clinton Township, United States
·Profitable Convention Center Seeking Loan
·Profitable Kalyana Mandapam Seeking Loan
·Profitable Catering Company Seeking Loan
·Profitable Marriage Hall Seeking Loan
·Profitable Wedding Venue Seeking Loan
·Profitable Banquet Hall Seeking Loan
·Lend to Profitable Convention Center
·Lend to Profitable Kalyana Mandapam
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