Ref: 3022, **PRICE NEGOTIABLE** Reception and Function Centre, Central C...

3 days ago

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Internal Ref: 3449788

Summary

**The Ideal Function Centre** This wedding venue combines beauty and calm to create the perfect setting for your big day. This venue is more than just a place to get married, it's where...

About the Business

**The Ideal Function Centre**

This wedding venue combines beauty and calm to create the perfect setting for your big day. This venue is more than just a place to get married, it's where your dreams come to life. Whether you're planning a garden ceremony, an enchanted marquee wedding or an outdoor celebration, this venue has everything you need to make your dream wedding a reality.

A picturesque fully licensed function venue - function centre and marquee, 400 seats combined (function centre 200, marquee 200). You can accommodate three functions on the same day.

30 events already secured for 2025.

Averages 85 functions per year.

Only one hour drive north of Sydney.

Nothing to spend, fully renovated 4 months ago.

The monthly rent on 1st year is $9,000 plus GST plus outgoing which is council rate about $7K per annum + land tax about $17K per annum +( $2.5M building insurance and 10M public liability and $165K per annum loss of rent about all together now is ) $20K per annum at the current policy may be the potential buyer can get a better deal

All future deposits of approximately $130,000 will be paid to the new owners and will be taken off the selling price - This will be great for the incoming party.

**NET PROFIT $322,000 yearly average, $6,192 per week average. Plus cash on top of profit **

**MUST SEE**

LEASE: 5+5 Years

RENT: $ 2,100 plus GST per week, Including Land Tax

WAGES: $3,500-$4,000 per week

STAFF: 1 Owner, Casual Staff

TRADING: As per function

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