Multi-Use Event Space – Alphington

Multi-Use Event Space – Alphington — Hospitality & Tourism · Alphington · Asking $80,000

Large multi-use event space currently hosting themed kids' parties on weekends Catering for children up to age 12, with food packages offered for children and parents Large spaces with potential for additional weekday events Upstairs area includes 6 office spaces and a large common area, which could be altered or subleased Site visit recommended to appreciate the full potential of the space

DealProspect/Listings/Hospitality & Tourism

Multi-Use Event Space – Alphington

Function & Event Venue

ActiveHospitality & TourismVictoriaB2C

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Asking price

$80,000

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

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Brief

Large multi-use event space currently hosting themed kids' parties on weekends
Catering for children up to age 12, with food packages offered for children and parents
Large spaces with potential for additional weekday events
Upstairs area includes 6 office spaces and a large common area, which could be altered or subleased
Site visit recommended to appreciate the full potential of the space

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 · $80K

10%

25%

35%

10%

Under $100KOver $5M

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