Venue Hire Business Taking $1.3M Annually

This is a standout opportunity to own a well-established and profitable events and function venue with annual takings of over $1.3 million.

Located in Nichols Point, just a few kilometres from Mildura, the business serves a growing regional area and is in high demand for weddings, private events and corporate functions. It is run by one hands-on owner, with another handling payroll and accounting.

The business is simple to operate and comes with a wholly owned plant and equipment valued at approximately $290,000. Rent is $180,000 per annum + GST, with all assets in excellent condition. The current owner also owns the property and is open to selling the freehold for an estimated $4 to 5 million, offering a purchaser the option to secure both the business and the premises.

*$1.3M takings PA
*$180,000 rental PA plus GST
*Equipment worth over $500,000, fully owned
*Located near Mildura in a growing regional area
*Freehold available for purchase 
*Turnkey operation 

Ready to invest in a profitable, easy-to-run business? Contact Nadia today.

Listing ID: ME03265
Broker: Nadia Polzella
Phone: 0417 641 990
Email: [email protected]