Buy One of Melbourne's Most Popular Wedding Venues
Leisure/Entertainment - Recreation/Sport Businesses for Sale in Melbourne, VIC, Australia
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| Title: | One of Melbourne's Most Popular Wedding Venues | |||||||||||
| ID Number: | 9609 | |||||||||||
| State: | Victoria (VIC) | |||||||||||
| City/Town/Suburb: | MELBOURNE VICTORIA 3000 | |||||||||||
| Listing Type: | Businesses | |||||||||||
| Categories: | Leisure/Entertainment - Recreation/Sport, Services | |||||||||||
| Description: | For an unforgettable experience this wedding reception venue with its unique and innovative architecture exudes the perfect ambience to compliment a big day, with photographic opportunities to last a lifetime. A friendly and dedicated team are there to assist guests with your every need, ensuring a wedding of your dreams. The high degree of rave testimonials and internet reviews across social media explains why the forward bookings are so high. The venue comprises two seperate reception rooms with a capacity opf 80 and 220 both are serviced with seperate bridal rooms, dance floors & bars. The venue is actively marketed across media including website wedding publishers and directories. The business offers a risk free opportunity with 30 years history, existing turnover and profit rate are strong and the scope is there to do even more. The benefits are: A strong cash-flow business with current sales around $800,000 per year. High profit margins, with the benefit of purchasing for known actual numbers of guests. A simple, easily managed and profitable business, where clients pay a large proportion of the account prior to the function. The size, layout and design of the function rooms offer flexibility for a variety of catering events. A long established Catering and Function Venue for over 30 years. Having two separate function rooms, namely, 220 guests and 80 guests, means there are significant economies of scale. The ability to conduct two functions at the same time, mean huge savings in preparation and staffing costs, and therefore, increased profit margins. Strong record of repeat and referral business. Excellent location, easy access and ample off-street parking. Existing trained and experienced staff. Excellent supplier relationships. The business offers outstanding hospitality lifestyle benefits for WORK/LIFE balance. Can be either owner operated, or run under management. |
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| Price: | $ 460,000.00 | |||||||||||
| Stock Value: | Upon application | |||||||||||
| Net Profit: | Upon application | |||||||||||
| Turnover: | Upon application | |||||||||||
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