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Re: Sunnybank post# 70907

Tuesday, 06/02/2015 6:32:30 PM

Tuesday, June 02, 2015 6:32:30 PM

Post# of 72244
With a lack of information from JB, investors must try to guess on possible sales figures. Day to day restaurants have difficulty breaking even. The real money is in weddings and banquets, where each event could produce $20-30 per person for the food and the same for drinks.

The Ballroom is 4092 sqft and has a dinner capacity of 340. So a banquet of 300 people could realistically have sales of 10-20k for each event. The trick is marketing and filling up the space.

https://www.hotelplanner.com/Hotels/215988/Reservations-Atlanta-Gateway-Hotel-College-Park-5010-Old-National-Highway-30349#Meeting-Space

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