Skip to main content
DealProspect/Listings/Hospitality & Tourism

Wedding & Events Venue with Lifestyle Property

Function & Event Venue

ActiveHospitality & TourismVictoriaB2C
Asking price
$2,500,000
Disclosed · AUD
Revenue (est.)
~$457,317
Estimated · comparable listings of this type and size · typically within ±35% · from broker forecast
Earnings
$180,000
Indicative · Forecast owner profit (PEBITDA)
Implied multiple (indicative)
~13.9×
Indicative · asking / forecast earnings (Forecast owner profit (PEBITDA))

Brief

  • Wedding and events venue set in a restored wool shed near Granya, Victoria, about 50km from Albury-Wodonga
  • Historically limited to around 15 weddings a year by owner choice, leaving room to increase bookings
  • Licensed for up to 200 guests and run with four casual staff
  • Sold together with an adjoining rural lifestyle property of about 22 acres on Lake Hume, including a four-bedroom home, pool and tennis court
  • Venue-only hire available alongside options for catering and event expansion
  • Plant, equipment and business IP included in the sale

Function and event venues in Victoria

Function and event venues for sale in Victoria (9) →
Listed
9
active
Median asking
$299K
7 priced
Earnings multiple
2.9×
38 listings
Asking price spread7 of 9 state a price
This listing · $2.5M
29%
29%
29%
14%
$100K–$250K$2.5M–$5M

Australia 14

Cafes 438 · Takeaways 316 · Restaurants 247 · General retail businesses 72 · Supermarkets 69 · Newsagencies 67

Get new function and event venues in Victoria by email

Free · no account · unsubscribe anytime

Priced like this one

Function and event venues for sale in Victoria (9) →