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Picturesque and Well-Equipped Wedding, Function and Restaurant Venue and 4.5ha Freehold Property

$950,000 + SAV

  • ID Ref 5194
  • Suburb Newcastle
  • State NSW
  • Status For Sale
  • Picturesque and Well-Equipped Wedding, Function and Restaurant Venue and 4.5ha Freehold Property

Business Description

This impressive and well-equipped wedding, function and restaurant venue has it all, it just needs a new owner to turn this well known and loved local icon into one of the region’s busiest wedding and function venues.

This 4.5ha (10 acres) freehold property has a DA approval for a dwelling and is perfectly located in a picturesque, private, yet accessible location in the Hunter Valley, only 31km from Newcastle.
The business has excellent systems and forward bookings in place and presents a fantastic opportunity to purchase a unique and valuable property.

The business has been established for over 35 years, has a strong brand presence and a great team already in place. The business currently operates almost on a part-time basis these days as the current owners have been slowing down in preparation for their retirement.

Its reputation and location are first-class, and it provides a great opportunity for a new owner. The opportunity would suit a range of purposes and the potential is almost unlimited.

The business enjoys high margins, limited competition, diverse mix of functions in a private but highly accessible Newcastle / Hunter Valley location near a growing population and enjoys multiple revenue streams.

If you are interested in finding out more about this quality opportunity, please contact Ian Jones directly on 0402 111 500 or contact the office by emailing info@merchantbrokers.com.au.
Alternatively, call 1300BROKER.

Business Features / Snapshot

General Features

    Views: Bush, Valley

    Your Business Broker

    Ian Jones

    Business Location

    Newcastle, New South Wales 2300