Profitable Function Venue & Franchise Business

Christchurch City

$675,000

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1bsj1xd

This unique, two-pronged hospitality business is both hugely successful and profitable. The Corporate Club is a bespoke function centre, set in 5 acres, in demand as a weddings and corporate events venue. There is a lease in place for this side of the business.

The franchise element (Spitroast.com) is a mobile catering company and is the market leader in the Christchurch area. Spitroast.com runs from the Corporate Club.

These are just some of the reasons why this is a fantastic business opportunity:

-Spitroast.com is a market leader in the region and is very profitable
-50% of business is repeat business
-Long list of forward bookings over the next 2 yrs in place for the new owner
-Wedding venue/function centre is in high demand with enormous growth potential
-Tried and tested systems in place with strong marketing material
-Franchisors are experienced (have worked at the grass roots), and will offer great support for the new owner
-Cost savings with both businesses running from the one centre
-Plant value approx. $300k
-End of year earnings in excess of $210,000

Call me today to discuss this opportunity further.

Price $675,000 including approx. $330,000 of Plant and Chattels

Enquire about this business