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Wedding & Events Venue with Lifestyle Property

Function & Event Venue

ActiveHospitality & TourismVictoriaB2C
Asking price
$2,500,000
Disclosed · AUD
Revenue (est.)
~$771,539
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

Function and event venues in Victoria

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Listed
27
+2 in 30 days
Median asking
$690K
20 priced
Median revenue
$800K
14 disclose
Earnings multiple
5×
211 listings
Asking price spread20 of 27 state a price
This listing · $2.5M
10%
25%
35%
10%
5%
10%
Under $100KOver $5M

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Priced like this one

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