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DealProspect/Listings/Hospitality & Tourism

Venue Hire Business for Theatre and Live Events, Fortitude Valley

Function & Event Venue

ActiveHospitality & TourismQueenslandB2B & B2C
Asking price
$150,000
Disclosed · plus stock · AUD
Revenue
$200,000
TTM
Earnings
$65,000
Implied multiple
n/a
Stock is extra · value not stated

Brief

  • Established venue hire business in Brisbane Fortitude Valley precinct
  • Revenue from venue hire, ticketing commissions and bar sales
  • Events largely managed by hirers, keeping owner involvement low
  • Weekends frequently booked months in advance
  • Long lease secured through to 2032 with low monthly rent
  • Total capacity of up to 250 guests across indoor and outdoor spaces