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DealProspect/Listings/Hospitality & Tourism

Reception Centre - City Fringe

Function & Event Venue

ActiveHospitality & TourismB2B & B2C
Asking price
$900,000
Disclosed · AUD
Revenue
$1,200,000
TTM
Earnings (est.)
~$249,480
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.6×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Well-known reception centre in a blue-chip city fringe area
  • Full commercial kitchen; licensed for 330 seats
  • Liquor licence until 1am
  • Plenty of parking; furnished to a high standard