Event & Function Venue, Brisbane
Function & Event Venue
ActiveHospitality & TourismQueenslandB2B & B2C
Asking price
$250,000
Disclosed · AUD
Revenue
$697,306
TTM
Earnings (est.)
~$193,433
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Long-established event venue in a dynamic Brisbane inner-city lifestyle and entertainment precinct, with a 14+ year track record
- Multiple versatile event spaces including a main hall, courtyard, dance floor and long room, accommodating up to 450 guests
- Fully systemised with all operational systems, licences and staff structures in place
- Over $150,000 of high-end kitchen, bar, sound, lighting and furniture assets included in the sale
- Diverse revenue streams from weddings, corporate functions, private celebrations and venue hire
- Current owner retiring
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