Under Offer Restaurant And Function Venue - Northern Victoria

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Echuca, Victoria 3564

$245,000

Key Features

AI generated. Contact seller to confirm.

Three revenue streams: restaurant, functions, mobile catering
Large-scale function and wedding space
Modern restaurant with high-quality fit-out
Occupies 1,200 sqm iconic building in Echuca
Only operation at this scale in the area
Strong online presence and well-designed website

Turnover: Not disclosed
Net Profit: Not disclosed
Rent/Lease: 3x5-year lease secured until 2036
Stock Value: Not disclosed
Established: Well-established

Business Details

Business Category Restaurant

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
*3x5-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: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03194
Timestamp: XXXXXXXXXX 0003