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Function Centre business for sale in Sydney

  • Function Centre
  • Sydney NSW 2000
  • $549,000 (GST na)

SFG1049 - Business For Sale - Function Centre Function Centre - Restaurant - Events - High turnover - Excellent reputation

Function Centre - Restaurant - Events - North West Sydney
SBX Business Code: SFG1049
Function centre - events - restaurant. - Magnificent 5 y ear old landmark function centre and restaurant which has capacity for up to 200 standing guests or 160 seated. - This stand out hospitality venue features four zones for functions from intimate to large and casual to formal. - Superb near new kitchen is large and features leading Waldorf branded equipment and comprises 12 cooktop burners, 2 under bench ovens, 2 combi ovens, pizza oven, under bench fridges, substantial separate cool room and freezer and much more. - The dining area features fully equipped licenced bar with its own cool room, custom hardwood tables and feature chandeliers. - Impeccable presentation throughout and absolutely nothing to spend.

Potential
Further develop social media.Advertise prominently in bridal media outlets.

Features
Scenic location. - Excellent presentation. -Superbly equipped kitchen. - Full capacity for large events. - Well maintained and near new. - Profitable business. - Significant growth opportunities with expanding population.

Premises
Purpose built function centre and restaurant with multiple entertaining zones both inside and outside comprising 450 m

Location
Superbly situated on main road in semi rural area in picturesque Hawkesbury district.

Trading Hours
7 days - Mon.- 12 p.m. - 3 p.m.- Tues. - Fri . -12 p.m. - 3 p.m. - 5.30 p.m. till late - Sat. -Sun. - 9 a.m. - 3 p.m. - 5.30 p.m. till late

Lease
Current 5 year lease expires December 2023 + 5 + 5 year options. - CPI increases - 3 month bond

Employees
1 owner (part-time) + 2 full time chefs + 1 full time floor manager + 5 casuals

Comments
Misc.- 1 - GST - Misc.- 2 - Sundry expenses. - Unique opportunity to purchase fully equipped function centre and restaurant with great flexibility to cater from small to large gatherings, seated or standing in growth corridor of outer Sydney. - High level of kitchen equipment and functionality would be hard to equal. - Genuine reason for sale and solid opportunity for significant profitability due to flexibility of venue and ability to achieve multiple income streams.
Figures
Weekly Sales $23000
Rent (ex GST) $2200
Wages $6000
Profit $7390

SBX Business Code: SFG1049

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2016379341
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Category
Last updated  16 Jul 2020
Map for Sydney NSW 2000
Map for Sydney NSW 2000Sydney NSW 2000
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