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#Business ID: 21831

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Function Reception Centre in Melbourne's Southeast

Business Location: Melbourne, Victoria, Australia

Asking Price: AU$ 1m to 5m Revenue: AU$ 1m to 5m Cash Flow: AU$ 1m to 5m

[Furniture / Fixtures and Inventory / Stock included]
[Real Estate Included]

Business Summary

580 seat facility with bar area and large function centre and 180 car parks


• Venue has 580 seats with bar area and large function centre.
• Premise has over 180 car parks and located in a commercial area.
• Long lease of 5x5x5x5x5 and annual rent $180,000+GST with option to buy the freehold land along with the business for $9.5m
• Selling due to retirement
• Vendor expecting only $1,450,000 and possible to discuss Vendor Finance terms with sincere buyer.
• Opportunity won't last long.

Contact: Dilun 0426 291 868

Property Details

Property Type:

Real & Lease

Other Business Details

Premise Details:

vendor open to sell only business or business + property

Business Operation Details

Support & Training:

vendor happy to train new owner

Miscellaneous Details

Reason For Selling:

Vendor retiring

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