Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Wedding Venue And Restaurant For Sale

Johannesburg, Gauteng
Asking Price:
R17,950,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R18,000,000
Cash Flow:
Available on request

13 years ago the current owners transformed this venue from a small restaurant to a beautiful wedding venue. Set on 5 hectare property the beautiful gardens create a country atmosphere. The property is well kept, maintenance and improvements are done on an ongoing basis.

It comprises of an exquisite chapel and well equipped venues as well as accommodation for bridal couples. In addition there is a fully quipped restaurant that can be used as another venue. There is enough space for potential future development and expansion on the property.

Future wedding bookings are secured with deposits already in place. This venue has a well-established footprint in the Corporate Sector for year-end functions, conferences and team building.
Secure location with easy main road access and is close to all the main highways. Yet the venue maintains it’s countryside atmosphere.

Staff are well trained and a number of staff members have been with the company since inception.

Current owners have other business interests and cannot devote enough time to this investment.

Property information

Real Estate:

Real Property Included

Location:

Muldersdrift area, main road visibility

Premises Details:

Land
Property #1 & #2 50000sqm

Improvements Property #1
Chapel 220 sqm
Bridal Suites & Store room 300 sqm
Staff Quarters 210 sqm
Venue #1 410 sqm
Venue #2 250 sqm
Venue #3 140 sqm
Restaurant & Kitchen 470 sqm
Walk in Fridge/Freezer
Water borne sewage
3 Phase power
500Kva Generator
Township – zoned special business


Buildings – Property #1
• Chapel
• Purpose built
• Seats 200
House
• Original farmhouse
• Consists of 2 bridal suites
• 1 bedroom apartment
• Garage
• Staff quarters
• 1x bed sitter en suite
• 7x rooms
• Men’s & ladies ablution block
• Garage
• Venue #1
• 410 sqm
• Largest venue
• Toilets
• Bar
• Fireplace
• can seat as many as 320 depending on configuration
• Fitted sound system
• Venue #2
• 250 sqm
• Smaller venue
• Toilets
• Bar
• Fireplace
• Can seat 100 depending on configuration
• Venue #3
• 180 sqm
• Semi outdoor venue
• Suitable for casual functions
• Can seat 80 plus depending on configeration
• Restaurant
• Inside 100 seats
• Outside 180 seats
• Large bar
• Fire place
• Fitted sound system
• Kitchen & storerooms
• Large grill area
• Wood burning pizza oven
• Various storerooms
• Walk in fridge freezer
• Office & Laundry
• Landscaping & paving


Property #2

Improvements
House #1 100 sqm
House #2 175 sqm
House #3 100 sqm
Cottage 45 sqm
3 Garages, Workshop, & Out Buildings 300sqm

Buildings – Property #2
• House #1
• 100 sqm
• 2 Bed 1 Bathroom
• Open plan - Kitchen, Lounge Dining Room
• House #2
• Old farm house
• 175 sqm
• 3 bed 2 Bathroom
• Wooden floors
• Open plan Kitchen, 2 Lounges, Dining Room
• Scullery
• Guest toilet
• Large patio
• House #3
• 100 sqm
• 2 Bed 1 bath
• Open plan kitchen, lounge, dining area
• Double carport
• Cottage
• 45 sqm
• 1 Bed 1 Bath
• Open plan kitchen, lounge
• Shed & Outbuildings
• Approx 300 to 400 sqm
• Large steel frame shed
• Various storerooms, sheds,
• 3 garages and double carport
• Laundry
• Staff toilet


Equipment – no need to buy anything and everything is in good condition
• The business is completely equipped for all aspects of the business, including but not limited to:
• POS
• Venues all networked
• Computers
• Specialist sound systems in venues
• Walk in fridge freezer
• Fully equipped kitchen, bars etc
• Décor – large selection of under plates, candelabras
• 450 wooden chairs
• 200 plastic banqueting chairs
• 100 kids chairs
• 30 out door benches
• 30 round trestle tables
• 30 rectangular trestle tables
• Crockery & Cutlery – 100s of items
• Décor
• Banqueting equipment
• 550 kva Generators
• Laundry
• Misting system

Business Operation

Expansion Potential:

Expansion Opportunities
• There is 2 Ha available for expansion
• Conferencing
• Accommodation
• Another venue & chapel could be built
• There is also space to build a 2nd kitchen onto the big venue this kitchen could be certified as a Halaal kitchen which would open up a range of new opportunities.

Competition / Market:

Well known brand
Trusted and established

Bookings
• currently have 80 weddings booked going forward
• Last four years average of
• Weddings 145 per year
• 300 to 400 kids parties per year
• 100 other functions per year
• The majority of our bookings are generated through the web

Reasons for selling:

Other business interests

Employees:
30, manager run
Years established:
over 13 years

Other Information

Support & training:

Hand over period

Financing available:

The owners are not willing to provide finance but a portion of the purchase price could be financed with a mortgage bond over the properties from one of the financial institutions

Contact Information

    1. Your Address

    2. Optional
  1. Optional

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to the seller of this business. Find out more about what we do with your information in our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here