Multi award winning Wedding & Function Centre on Central Coast
Licenced function centre, Boutique style specialising in Weddings seating approx. 90 in a comfortable relaxed ambient style to enjoy that special day.
Approx. 50 future Weddings/ Events booked for the next 12 months with brilliant Google, Facebook & social media reviews & solid referral.
Currently operating over 4 days p/w with capability to host up to two premium events per week.
Vendor works in a management roll in the region of 30 hours PW enabled by an excellent team of Chefs, Event organisers & Function staff.
Robust Event Management processes & online systems in place for maximum business and team efficiency.
This scalable business has been built to be managed & run with the existing team, as well as a flexible owner presence.
Scope and ability for additional Event opportunities – Pop Up Restaurant / Engagement Parties / Anniversary & Birthday Celebrations.
Vendor will assist with a seamless handover to migrate the existing Operational, Marketing, and Business Planning & on-line systems to enable the purchaser of this solid long established business
to enjoy the continued high level reputation & success.
New 5year lease with a further 5 year option in place with reasonable rent to give solid tenure well into the future.
Sale Price – $195,000 + Stock at Value ( SAV) Approx. $15k.
Call Exclusive Selling Agent John Ramsay 0408 433 739 for a detailed Information Memorandum ( IM).
Prime time to Purchase don’t delay.
Price: $195,000 plus SAV (approx. $15k) SAV: Approx. $15,000
Business Reference #: 660
Region: Central Coast
Turnover: Approx. $700k
Plant Value: TBA
Years Established: 30 years, owner operated 5 years
Permanent Staff: Owner, 1 fulltime Chef Casual Staff: 2 part time Event Managers & casuals as required
Hours Weekday: Tues to Fri 9.30am to 5.30pm. Events Wed to Fri Hours Weekend: Events Sat, Sunday if Required
Rent per Calendar Month: $4727.25 GST: exclusive
Outgoings: $ Paid By: Landlord
Parking Comments: Ample Parking
Enquiry & Confidentiality Agreement
Confidentiality Agreement
It is agreed (Australian Business Brokers Pty Ltd trading as) Australian Business Brokers & Central Coast Business Brokers introduce you as a prospective Purchaser of the business or businesses and you are making your inquiry with a genuine interest. As a prospective Purchaser I/we agree that financial and information supplied will remain classified and used solely for the purpose of purchase of nominated business or businesses only. With supply of the information and to maintain confidentiality I/we agree:- Information will only be distributed to partners/directors of purchasing entity and independent advisers relating to the prospective purchase.
- Originals and copies of Vendor's information, if purchase does not proceed, will either be returned to Australian Business Brokers & Central Coast Business Brokers or if copies, destroyed by appropriate method.
- I/we indemnify and keep indemnified Australian Business Brokers & Central Coast Business Brokers (Australian Business Brokers Pty Ltd) and the business, its employees, officers and shareholders and the Vendor, its employees, officers and shareholders from all loss or damage resulting from a breech of this agreement, by me/us including the disclosure of any records and information of the business/businesses.
- For the purpose of the agreement
- Any reference to the business includes the employees or agents of the business.
- Any reference to the Vendor includes the employees or agents of the business.
- Any reference to Australian Business Brokers & Central Coast Business Brokers or Australian Business Brokers Pty Ltd includes employees or agents of the business.
- Financial information includes all books, accounts, financial records, knowledge, data information, know-how, engineering, technical process of manufacture or/and sale of all property rights & intellectual property.
Financial & associated material supplied by Vendor. Australian Business Brokers & Central Coast Business Brokers accept No responsibility for the accuracy or completeness of material supplied. No warranties are given, expressed or implied by Australian Business Brokers & Central Coast Business Brokers. Please seek independent professional advice on information supplied. Please Note: All areas subject to survey. Sale prices may be subject to GST depending on sale structure, zoning & uses subject to Council and Statutory Bodies Approvals. Please seek independent advice with regard to your proposed purchase. By clicking Submit you acknowledge and agree to the above.
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