Just Business Brokers

ICONIC FUNCTIONS/EVENTS VENUE – TOORAK

ICONIC FUNCTIONS/EVENTS VENUE – TOORAK

BUSINESS HIGHLIGHTS:

Annual sales of $1,385,059 (2016/17)
Function Centre available for bookings 7 nights per week
Run under full management
Known as the “GO TO” venue for most of Melbourne’s top private schools
Great location in the heart of the Inner South East
Function room seats up to 400 patrons
Liquor license until 1.30am – 7 days

BUSINESS STRENGTHS:
Amazing fully fitted function kitchen
Current owner has owned the venue for 7 years
Carpark 5 spaces included and use of 3 level carparks on weekends
Opportunity to increase sales and grow the business to triple the current turnover with the right operator
1st class fit out and furnishings, all fully owned and included in the sale
Full financials available for qualified buyers

LEASE AND RENT:
Term: 12 years currently remaining
Rent: $300,000 p.a. (including + GST & outgoings)
Rent reviews: CPI p.a
Size: 800m2 approx. + 5 carparks

To inspect call or text Michael on 0423 287 048

*Please note: Due to confidentiality any photos used in this advertisement may be generic

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