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Entertainment - Club - Functions - Weddings - Figures on...

Business for Sale
Entertainment - Club - Functions - Weddings - Figures only available after inspection
NSW

Entertainment - Club - Functions - Weddings - Sydney City Fringe - Agent SBX Code Number: M1904 Function and entertainment centre - Licensed - offering space for large scale events such...

Price $750,000.00

Entertainment - Club - Functions - Weddings - Figures only available after inspection

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Entertainment - Club - Functions - Weddings - Sydney City Fringe - Agent SBX Code Number: M1904



Function and entertainment centre - Licensed - offering space for large scale events such as hens nights, gentlemen nights, birthdays & private parties, corporate functions, Christmas parties, school formals, weddings and charity events. - Very large commercial kitchen and luxury taproom serving finger food, cocktails, high teas and wine. - It has spacious dance hall and stylish saloon bar. - Can seat a total of 300 people. - Council DA approved to open 7 days 12 p.m.- 12 a.m. and late trading Fri. - Sat. - 12 p.m.- 2 a.m. - The business trades for group / guests bookings only. - It has own website. - $300k takings in December / Christmas last year.



Potential

The business currently only trades Saturday night. - Huge upside potential. - It can open 7 days. - Can expand to other types of entertainment / cuisine (karaoke, yum cha, performances etc) given large space and excellent facilities.



Features

Fantastic location. - Short trading hours. - High margins for group bookings. - Huge revenue potential.



Premises

Modern and high grade designed fitout with an area of 650 m2.



Location

Prime location in City fringe of Sydney.



Trading Hours

Booking only. - More bookings in public holidays and Christmas time.



Lease

New lease available subject to landlord approval



Employees

One owner plus staff as required



Comments

The businesss financial details can only be reviewed in a meeting. - Set up cost was $1 million dollars. - All inspections through SBX Business Brokers. - A rare find and opportunity.



Agent SBX Code Number: M1904 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 130172
SBX ID: M1904




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