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Premier Garden Wedding Ceremony and Reception Venue’s For Sale

Business Services , Sales below $1m, Business Services

Brisbane, QLD, Australia 3 Views

Asking Price $649,950 for 100%

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SALE OR INVESTMENT DETAILS

  • $0 Stock at Cost
  • $0 Gross Sales per annum
  • $0 Assets Included in Sale
  • $0 Profit (Normalised EBITDA)
  • Yes Finance Available (subject to approval)

Business Consultants

Highlights

  • Premier Garden Wedding Ceremony and Reception Venue’s For Sale
  • Voted as one of Brisbane’s top 10 wedding venues
  • Servicing over 120 + weddings PA
  • Elegant function rooms

Executive Summary

This Premiere Wedding and Function Venue offers unforgettable events within the surroundings of an enchanting garden, hidden among vines of ivy and trickling fountains.


Location

Located in Brisbane, just minutes from the CBD.


Hours

Monday - Saturday, 9:30 am to 5 pm

Sunday: By appointment only

Extra hours: Weddings/Functions


Lease

5 year Lease

2 x 5 year option


Employees

2 x Owners

15 x Casual Staff, includes chefs, cooks, waiters/waitresses, bar, admin, cleaners and gardeners.


Reason For Sale

The owners are both in their 70’s and it is time to look at retiring. The business has massive potential for future growth and will be sadly missed by the owners. The owners both agree it is time for younger faces to grace the property and keep with the same passion and integrity that the business has been providing to its clients over the years.


About the Business

The business has a real passion for hosting dream events, with personalised service to ensure all events are magical, memorable occasions. As a result, this fantastic wedding business was voted as one of Brisbane’s top 10 wedding venues.

The restaurant offers style cuisine and exceptional service within elegant events spaces that are encircled by lush gardens.  The business has elegant function rooms which can be transformed to reflect any event desired, from chic high tea parties including delicate ribbon sandwiches and petite sweets, to lavish dinners with fine food and flowing bubbly.

The business also take the stress out of planning business events and has the best professional team available to create ideal functions. The spacious rooms are all accommodating for presentations, group work and break out sessions. All Function Rooms can be equipped with projector and screen, cordless microphone, lectern, whiteboard, flip - chart. There is also free parking.


Key facts about this business

- Voted as one of Brisbane’s top 10 wedding venues

- Servicing over 120 + weddings PA

- Massive potential for growth

- Elegant function rooms

- Professional team 


For more information on this opportunity, please contact the undersigned:


Chris Earle

Business Sales Specialist

Mentored Business Sales, Corporate Business Sales & Acquisitions

M: 0400 696 275 T: 1800 858 696 E: cearle@mentored.com.au


Disclaimer: 

Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner’s salaries, directors benefits, personal expenses, non recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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