Event Venue, Williamstown

Event Venue, Williamstown — Hospitality & Tourism · Williamstown · Asking $250,000 · Revenue $225,000

An event venue for sale in Williamstown, licensed and set up for functions and gatherings. 450sqm venue with capacity for 70 seated or up to 100 cocktail-style guests Fully licensed for functions and events Secure 3+3+3 lease with weekly rent of $961.53 Suited to weddings, parties, corporate functions and community gatherings Located in Williamstown

DealProspect/Listings/Hospitality & Tourism

Event Venue, Williamstown

Function & Event Venue

ActiveHospitality & TourismVictoriaB2B & B2C

Find funding for this deal →View original listing ↗

Asking price

$250,000

Disclosed · AUD

Revenue

$225,000

TTM

Earnings (est.)

~$60,570

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~4.1×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

An event venue for sale in Williamstown, licensed and set up for functions and gatherings.
450sqm venue with capacity for 70 seated or up to 100 cocktail-style guests
Fully licensed for functions and events
Secure 3+3+3 lease with weekly rent of $961.53
Suited to weddings, parties, corporate functions and community gatherings
Located in Williamstown

Function and event venues in Victoria

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Listed

+1 in 30 days

Median asking

$690K

20 priced

Median revenue

$800K

14 disclose

Earnings multiple

5×

219 listings

Asking price spread20 of 27 state a price

This listing · $250K

10%

25%

35%

10%

Under $100KOver $5M

Australia 46

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