Wedding & Events Venue with Lifestyle Property
Function & Event Venue
ActiveHospitality & TourismVictoriaB2C
Asking price
$2,500,000
Disclosed · AUD
Revenue (est.)
~$745,959
Estimated · comparable listings of this type and size · from broker forecast
EBITDA
$180,000
Indicative · Forecast owner profit (PEBITDA)
Implied multiple (indicative)
~13.9×
Indicative · asking / forecast earnings (Forecast owner profit (PEBITDA))
Brief
- Established wedding and events venue operating from a restored wool shed in Northeast Victoria
- Fully licensed venue accommodating up to 200 guests
- Venue-only hire option from $11.5k+ per booking
- Historically capped at approximately 15 weddings annually by owner choice
- Lean operating model supported by four casual staff
- All plant & equipment, tangible assets and business IP included
- Venue-hire model with optional catering and event expansion
- Sold together with a premium rural lifestyle property with Lake Hume frontage, approx 22 acres and a four-bedroom residence
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