Wedding Reception & Events Venue – Aspendale
Function & Event Venue
ActiveHospitality & TourismVictoriaB2C
Asking price
$1,500,000
Disclosed · AUD
Revenue
$1,404,000
TTM
Earnings (est.)
~$290,768
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~5.2×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
A large-scale wedding reception and conference centre in Aspendale with an outstanding reputation and luxurious interiors following a substantial investment in renovations and fit-out. The venue accommodates up to 650 guests across weddings, corporate functions and special events, with a full commercial kitchen, full liquor licence, ample on-site parking and a long-term 25-year lease.
More hospitality & tourism businesses for sale
Function and event venues for sale in Victoria (26) →- Destination Restaurant & Events Venue – Coffs Coast, NSWFunction & Event Venue · New South Wales · $300,000
- Management Rights – Noosaville, QueenslandManagement Rights · $2,900,000
- Freehold Caravan Park – Charleville, QueenslandHoliday Park · $1,950,000
- Cafe – Pakenham, VictoriaCafe · $98,000
- Bubble Tea Business – Footscray, MelbourneCafe · Victoria · $250,000
- Soul Origin Cafe – Gold Coast Shopping CentreCafe · Queensland · $390,000
- Licensed Restaurant – Wivenhoe, TasmaniaRestaurant · Wivenhoe, Burnie · No Ingoing
- Red Rooster Franchise – Northern AdelaideTakeaway · Adelaide (Northern Suburbs) · Price by Negotiation