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      Accommodation & Tourism business for sale in Melbourne

      • Accommodation & Tourism
      • Melbourne VIC 3000
      • $1,150,000

      Wedding Reception & Function Venue - Beautifully Presented - 34436

      WEDDING RECEPTION & FUNCTION VENUE FOR SALE.
      10 Mins From Melbourne CBD.
      Turnover $1.6 M Plus PA with room for growth.
      Asking Price $1.15Mil ono.
      If You're Looking To Purchase A Quality Wedding And Function Venue Then Look No Further.
      Beautifully Styled Reception Room With Grand Foyer.
      Offering Versatility From The Formal Sit-Down Up To 450 guests to a cocktail occasion for up to 800 guests.
      Popular with Weddings, Debs, School Formals, Dinner Dances, etc.
      Excellent Rental at only $2,548pw plus GST with a Long 17 year Lease.
      Onsite parking for over 300 cars.
      Licensed till 1am.
      Large well equipped Commercial Kitchen & Facilities.
      Beautifully Presented With Nothing to Spend.
      Long term owner, selling after 20 years.
      Forward Bookings valued over $1.2Mil so far.
      The Business has built up an enviable reputation over the years which has resulted in a loyal client base with a good amount of repeat trade and word of mouth recommendations.
      Delivering high profit margins and benefits from solid repeat & referral business.
      Great location only 10 mins on the Northern Side of Melbourne CBD.
      Over $600,000 Worth of Equipment Included in Sale Price.
      Lots of room for growth - Opportunity to market for corporate functions and shows or even do catering on other days.
      The business is well positioned to take maximum advantage of any growth as it occurs.
      This is a Rare and Unique Business opportunity for a new owner to take this already thriving business to the next level, therefore early viewing is highly recommended to avoid disappointment.
      The current owner will provide all necessary training to allow for a smooth handover.
      For more information:
      Please contact:
      Dina Karas
      0433 276 050
      Or
      (03) 9571 7566

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      Business Highlights

      Business ID

      2014256943

      Last updated

      19 Mar 2018

      Category

      Accommodation & Tourism, Catering, Food, Beverage & Hospitality

      Map for Melbourne VIC 3000

      11-15 Waverley Road Malvern VIC 3144

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