Accommodation, Restaurant & Function Venue

Accommodation, Restaurant & Function Venue — Hospitality & Tourism · Victoria · Asking $6,200,000

Located around 30 minutes from Sunbury on more than 20 acres of rural land. Includes 30 self-contained rooms, a swimming pool and a gym. Set in a vineyard, with an on-site restaurant and conference rooms. Operating under management since 2019 and currently below full capacity. Freehold and leasehold offered together as property and business.

DealProspect/Listings/Hospitality & Tourism

Accommodation, Restaurant & Function Venue

Function & Event Venue

ActiveHospitality & TourismB2C

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Asking price

$6,200,000

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

n/a

Price includes the property

Brief

Located around 30 minutes from Sunbury on more than 20 acres of rural land.
Includes 30 self-contained rooms, a swimming pool and a gym.
Set in a vineyard, with an on-site restaurant and conference rooms.
Operating under management since 2019 and currently below full capacity.
Freehold and leasehold offered together as property and business.

Function and event venues in Victoria

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Listed

+1 in 30 days

Median asking

$525K

14 priced

Median revenue

$1.2M

7 disclose

Earnings multiple

3.1×

38 listings

Asking price spread14 of 16 state a price

21%

29%

14%

Under $100K$2.5M–$5M

Australia 20

Restaurants 1021 · Takeaways 942 · Cafes 897 · Liquor stores 145 · Convenience stores 139 · General retail businesses 127

Priced like this one

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