Here is a completely unique opportunity to LIVE in this stunning venue set in a tranquil paradise.
Imagine life living in a beautiful historic building in stunning landscaped gardens completely mortgage free! In fact, almost completely COST free! The current owner’s personal expense is just his Sky subscription!
This is a simply beautiful building located in gorgeous grounds that enjoys absolute tranquility in a safe and secure park-like environment. The current owner has lived here and operated this business for the last 20 years, but it is now time for him to retire.
THE LOCATION
This venue is set just off a major motorway and just a 25-minute drive from Auckland City Centre. It is set in a very secure private setting with surrounding lush gardens.
THE VENUE
This is a fully operational weddings and functions centre that, on average, hosts between 100 to 120 events per year. There is certainly capacity to do more, but this is how the current owners choose to operate. There are 2 conference rooms, a main dining room, and a permanent marquee that can hold 100 people. There is very large, landscaped garden just perfect for wedding ceremonies and any number of events.
The premises boasts a large commercial kitchen with heaps of storage, several walk-in chillers, a small bar, and a beautiful reception area. Upstairs is where you live! It is a two-bedroom apartment with a separate lounge and bathroom. There is a further outbuilding that has a live-in studio with a bathroom.
THE BUSINESS
The business holds around 100 to 120 events per year – a mixture of weddings, corporate events, and general celebrations. There are forward bookings that should generate around $100,000 in income. Generally, the business operates 6 days a week but that rather depends on event schedules.
The owner has molded the business to suit his own lifestyle and pace. There is capacity to do more here. There is the capacity to open a restaurant or cafe here if you really wanted to. The owner chooses events that he knows he can manage. He turns down many large and potentially very lucrative gatherings.
Sales are around $300,000 per year and the owner makes a profit of around $60,000 the way he runs it. Of course, the profit from the business is one thing. It’s the FREE living that is really the draw card here. Imagine the equivalent job you would have to have to have this lifestyle AND have $60k left over after virtually all costs!
THE OPPORTUNITY
This is such a unique opportunity. Even if you didn’t want to live here yourself, imagine housing your own staff! What a saving to your bottom-line offering accommodation as part of their ‘package’.
If you are someone wanting to really get away from the ‘rat race’ and someone who loves events, planning and people then this must be a dream opportunity.
Asking $250,000 plus stock
Nick Giles, 021 676 832, nick.giles@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#lifestyle #functions #weddings #profit #accommodation
