Events & Functions | $160K Profit | $299K

Functions and events businesses rarely come to market - and at $299,000, this one deserves serious attention.

This dedicated private events venue occupies a prime central Auckland location, surrounded by corporate head offices, agencies and an affluent local market.

The venue caters for board meetings, executive dinners, weddings, product launches, milestone celebrations and cocktail parties for 200+ guests, with every booking enjoying exclusive use.

The business model is particularly attractive. Events are pre-booked and pre-quoted, with food, beverage and event management packaged together. Revenue is committed in advance and staffing is rostered around confirmed bookings.

And the numbers are compelling.
The business has produced an average owner surplus of approximately $160,000 per annum over the last three years, despite the owner living overseas and the operation being fully managed.

Mid-week trade remains significantly underdeveloped, creating genuine upside for a hands-on owner with local energy and sales focus.

Business Highlights

• Asking price $299,000
• $160,000 average 3-year owner surplus
• Prime central Auckland location
• Exclusive events from intimate to 200+ guests
• Established corporate client history
• Fully managed with overseas owner
• Significant mid-week growth opportunity
• Long lease in place

Rare, profitable and priced to attract attention.

Asking $299,000 plus stock

Rafiq Bhamani, 021 129 1916, rafiq.bhamani@linkbusiness.co.nz
Nick Giles, 021 676 832, nick.giles@linkbusiness.co.nz

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