FUNCTION CENTRE FOR SALE NEAR KELLYVILE & HILLS AREA
For sale by IEC Partners | Business Sales Team
Ads Details Contact Agent
Price : $825,000 - Walk in Walk Out Basis with Current bookings.
A function Centre with Regular Clientele and forward bookings worth upto $800,000/- in excess till 2018 and growing. The final figure will be updated as revised. All bookings have deposit in hand and have a payment plann towards the booking till event date.
Established more than 10 years ago., with regular weekly clientele and seasonal clientele, for weddings., the function center has a seating capacity of 175 seating on oval shape table and 250 standing for cocktail with lots of car parking.
It has a seperate Garden wedding facility and balcony / outside for the cocktail. The owner is willing to look into option of expanding the outdoor facility to the new operators. Mostly catering to Anglo - Saxon Style weddings, it offers a full package to the clients with real value for money. Apart from this., it also caters for Formals, Corporate Events, Birthday Parties and other Social Events. Owner has indicated that the venue has a Liquor licence and buyers must re-confirm their eligibility to hold the same on transfer of business.
- Rent : $178,000 (Incl Outgoings ) + GST per year.
The venue is currently owner operated and the business is avble for sale by Expression of Interest basis. The lease will be avble on the basis of 5+5 as indicated by the owner.
The Owners will consider offers above $825,000 on a walk in Walk out basis which will include fixtures, equipment and stock sold to the new owners., except the freehold on the property. The owners will also refund to the new operators the Holding deposit for the bookings that are to be conducted., post settlement.
Reason for Sale : Owner Intending to Retire from Operator to Landlord.
We would be happy to arrange for an inspection.
Last 12 months Financial s Avble in hand for review post inspection.
Further acess to confidential data is provided on the basis of a reasonable holding deposit in the Trust Account of the Vendors Solicitor. - Where applicable.
For Full terms., Please contact by phone first. If contacting by email., Please provide a return call back number.
A function Centre with Regular Clientele and forward bookings worth upto $800,000/- in excess till 2018 and growing. The final figure will be updated as revised. All bookings have deposit in hand and have a payment plann towards the booking till event date.
Established more than 10 years ago., with regular weekly clientele and seasonal clientele, for weddings., the function center has a seating capacity of 175 seating on oval shape table and 250 standing for cocktail with lots of car parking.
It has a seperate Garden wedding facility and balcony / outside for the cocktail. The owner is willing to look into option of expanding the outdoor facility to the new operators. Mostly catering to Anglo - Saxon Style weddings, it offers a full package to the clients with real value for money. Apart from this., it also caters for Formals, Corporate Events, Birthday Parties and other Social Events. Owner has indicated that the venue has a Liquor licence and buyers must re-confirm their eligibility to hold the same on transfer of business.
- Rent : $178,000 (Incl Outgoings ) + GST per year.
The venue is currently owner operated and the business is avble for sale by Expression of Interest basis. The lease will be avble on the basis of 5+5 as indicated by the owner.
The Owners will consider offers above $825,000 on a walk in Walk out basis which will include fixtures, equipment and stock sold to the new owners., except the freehold on the property. The owners will also refund to the new operators the Holding deposit for the bookings that are to be conducted., post settlement.
Reason for Sale : Owner Intending to Retire from Operator to Landlord.
We would be happy to arrange for an inspection.
Last 12 months Financial s Avble in hand for review post inspection.
Further acess to confidential data is provided on the basis of a reasonable holding deposit in the Trust Account of the Vendors Solicitor. - Where applicable.
For Full terms., Please contact by phone first. If contacting by email., Please provide a return call back number.
Contact
Name:IEC Partners
Phone:02 8102 7110
