Price
$159,000 + SAV
Profit *
$100,000
Sales Revenue
$200,000
Location
Brisbane Region, Brisbane City
Category
Leisure/Entertainment, Function Centres
Listing #
BR01427
Great opportunity to purchase a well-established and part of Brisbane's cultural scene venue hire business catering to a variety of events, such as night markets, festivals, art exhibitions, theatre shows, drag/burlesque performances and much more.
The venue is also available for private hire, including events such as birthday's, functions and parties of all kinds.
The business is very well positioned working with entities such as QUT, UQ, JMC and more to host live performances, school art events, end of year shows, art classes and much more. This allows the business to thrive with extremely low overheads and as well access a number of government grants from entities such as Queensland Arts or the Australian Arts Council, bringing an extra source of income to the business.
Highlights
– Long lease expiring end of 2026 with opportunity to extend
– Base rent of only $35,020 + GST
– Total venue capacity of 250 people
– Fantastic profits & easy to run business
– Well known in the community with new clients coming in every day
– Established clients booking the venue at set times on a long-term basis
Enquire now to discover more about this opportunity and receive a full information memorandum.
Business Broker: Matteo Melis
Ref: BR01427
Mobile: +61 433 719 112
Email: [email protected]
LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: (07) 3831 2300
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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