Price
$245,000
Profit *
Refer to Broker
Sales Revenue
$1,379,609
Location
Northern Victoria, Echuca
Category
Food/Hospitality, Restaurant
Listing #
ME03194
Rare chance to acquire a well-established hospitality venue with three revenue streams, a modern restaurant, a large-scale function and wedding space and thriving mobile catering business. After many successful years, the current owner seeks a career change and is not able to give the business the attention it deserves.
Successful restaurant, function venue and catering business occupying an iconic building in the Port of Echuca. The business is the only operation at its scale in the area, with minimal direct competition.
*$973,168 (71%) gross profit
*3×5-year lease secured until 2036
*Occupying 1,200 sqm space with incredible fit-out
*Excellent location in the heart of the Echuca’s tourist precinct
*Strong online presence through well-designed website
All the foundations for success are in place—this is an exceptional opportunity with multiple income streams and room to expand, all for just $245,000.
For more information, please contact Grant Findlay.
Listing ID: ME03194
Broker: Grant Findlay
Phone: 0402 617 884
Email: [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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