Food/Hospitality for sale
Function Centre - Weddings - Restaurant - Melbourne City Fringe
\nFunction Centre - Weddings - Restaurant - Melbourne City Fringe - Agent SBX Code Number: GVM1015
Function Centre and restaurant specialising in weddings, corporate functions, cocktail parties. - The centre has a number of rooms and can cater for functions from 10 up to 250. - As well as functions the restaurant offer s breakfast, lunch and dinner. - Licenced.
Excellent opportunity to grow the business further.
Very well established. - Great reputation. - Beautiful heritage building,
National Trust listed art deco building.
Situated in very well known Melbourne street close to C.B.D.
7 days - Breakfast, lunch and dinner. plus arranged functions.
5 year lease commenced 1st July, 2014 - Expires 30th June 2019 - + 6 year option to 2025.
6 full timers + 2 owners + 12 part-timers.
This is a very special function centre. - Inspection and information about the centre will only be discussed after all confidentiality is in place and the owners have approved the applicant .
Weekly Sales $28025
Rent (ex GST) $3629
Agent SBX Code Number: GVM1015 - SBX Business Brokers
- Business Category: Food/Hospitality
- Business Sub Category: Restaurant
- Business Lease: $26,000.00
- Attached Dwelling: YES
- Copy Of Title: 1
- Expenses: $10000
- Earnings Before Interest Tax: $1100000
- Business Selling Price: $300000
- Business Property Price: $300000
- Property Selling Price: 300000
- Trading Hours: 9am-5pm mon-fri.
- Franchise Agreement Fees: NO