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Showboat Melbourne Business For Sale

Business for Sale
Function Centre & Events Corporate
Melbourne VIC

Business Information Current owners have owned and operated this successful showboat & entertainment venue for several years with a proven formula. Asking price reduced to: $1.88 million + SAV

Price $1.88 million

Showboat Melbourne business for sale

Stock Included: No
Stock Value:
Years Est: 2007
Gross Revenue: 1.1 million PA

  • Current owners have owned and operated this successful showboat & entertainment venue for several years with a proven formula
  • Hospitality, cruise boat and entertainment venue
  • Built originally in 1968
  • Formally the M.V. Lady Cutler Manly ferry in excellent condition
  • Consisting of owners + 4 permanent staff and up to 18 casuals as required
  • Fully licenced venue catering for up to 360 people
  • Main fully stocked bar
  • VIP cocktail bar
  • Active Social media in place. 
  • Full restaurant and cooking facilities
  • Steel hull with recently renovated interior
  • Length 38 metres, width 9.35 metres, depth 3.05 metres
  • Tonnage: 220 tons
  • 2007 valuation for boat only $1.6 million

Events include:

  • Corporate events.
  • Dining.
  • Theatre shows.
  • Xmas & New Year’s events.
  • Burlesque Shows.
  • Fund raising events.
  • Wedding receptions & engagements.
  • Excellent repeat clientele, word of mouth and very active social media.
  • Boat and business first time offered for sale as owner is retiring.

Financials:

Current assets approx: $1.7 million.

Turnover approx: $1.1 million PA.

Asking price reduced from $2.488 million to: $1.88 million + SAV.

 

 

Contact Seller

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View Broker Profile

Contact: Noel Currie
Phone: 13 0072 2556
Mobile: 0418 741 814
Bsale ID: 63253




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