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Function Centres for Sale in Queensland

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Function Centre
Queensland
FREEHOLD $5,018,000 + sav
FREEHOLD PARK - Exceptional money maker, profile opportunity and a property / business you will be proud of. - Iconic business and property, established in 1932, Queensland's oldest family-owned winery with a strong heritage brand. - Established and loyal team happy to remain on as part of the business and grow. - Strong goodwill and huge upside in various market segments. - Huge tourism growth happening currently and more happening with the Olympics coming to QLD. - Long held business with significant (SAV) Stock at Valuation. - Significant areas for concerts and entertainment with an established history. - Located in the Granite Belt, a growing tourist destination just 3 hours from Brisbane CBD. - 29.8 hectare property includes water licenses, vineyard, and a fully equipped processing facility. - Total land 29.80ha with 20.21ha (68%) developed and well established and 9.59ha of supporting land (32%). - Current production capacity of 250 tonnes, with potential to expand to 300 tonnes. - Multiple revenue streams: export, cellar door, wholesale, online sales, and private events. - Established premium wine portfolio with strong brand recognition and loyal direct-to-consumer following. - Features award-winning wines and an onsite kitchen/restaurant/ conference facility with a very solid diversified cashflow. - Opportunity to develop accommodation to capture growing tourism demand. - Region undergoing significant investment from new operators, boosting future potential and mutual benefits to the area attracting more tourists. - Key staff committed to remaining, ensuring business continuity. - Strong social media and online presence with loyalty club and subscriptions. - Optional: additional property purchase. - Worthy of details consideration and an inspection. Adjusted Net Profit: $666,041 for 2024/25 Contact Dale Shearer from Tourism Brokers for further information or to arrange an inspection.Property ID: 2890CF (quote when enquiring)Property Code: 5385
$389,000
UNDER CONTRACT WELL ESTABLISHED RESTAURANT WITH SEPARATE FUNCTION ROOM AND BAR IS THE BEST ON THE COAST. PRIME LOCATION OPPOSITE THE BEACH. THE SETUP IS SECOND TO NONE.* Rated No1 in Hervey Bay, with food that is consistently exceptional.* Almost new equipment and decor.* The lease in place is the best I have seen for a very long time. * An impressive dual level 160 seat venue showcasing a beautifully appointed ground floor restaurant and an elegant, self contained function level above. The upper level features its own private bar and can seamlessly operate as extended dining space, offering a refined and elevated experience on a Friday and Saturday evening.* Current owners work Chef x 40 hours per week, Wife 17 hours per week, front of house and includes book work and paying invoices* With the profits shown this could be run under management.* Hours of trade are 4.5 days, Thursday to Sunday 11am to 2 pm, Thursday to Monday 5pm to 8.30 pm, this is a total opening time of 27 hours + a small amount of prep time.* Prime location opposite the beach with views of the water * The function room is so well set up you can sublease as an entirely different business. Thus subsidizing the rent on the Restaurant * Well over seven figures in turnover, and showing exceptional profits.* This business has only begun to tap its full potential. Expanding the use of the upstairs function room could significantly elevate revenue, while extending dining availability, opening additional days, or introducing new offeringssuch as breakfast service or delivery platforms like Uber Eatswould further enhance growth opportunities, the sky's the limit* Chef Owners willing to train for 3 months by negotiation to ensure a smooth transition to new owners if required.* Currently Italian & Seafood done to a very high standard.Incredible opportunity, book your inspection or make an enquiry and call VickiPh 0466 555 249www.hypebusinessbrokers.com.au