Invest in Memories with These Function Centres For Sale
If there is one industry that is sure to beckon to almost every Australian at one point of their lives or another, it would have to be the event industry. Aussies are a fan of social gatherings, starting from a young age - think a baby shower, baptism, graduation, formal, engagement, wedding, or grand 40th or 60th birthday party!
Have you ever considered owning your own function centre and being a part of so many peoples celebrations? They're gold mines waiting to be tapped - every year, more than millions of business events happen across the country, bringing in billions to those participating. Function centres can turn a profit year round also, with parties and life events happening on weekends, to substitute the business events happening on a weekday.
Let's not forget the wedding industry. An event that (one hopes), happens just once in a lifetime. According to Forbes.com.au, the average 2023 Australian wedding will cost $34,715, with the wedding venue costs $14,758 – up 6% from last year. Wedding venues for sale are a popular choice for those with plenty of experience in the hospitality industry.
Looking for a business that can turn a profit from events, but also wanting more streams of income? Motels for sale might be the most obvious choice ! Most motels these days boast not only rooms for short term stays, but gorgeous event rooms that could host a beautiful engagement party, or even grandmas rocking 80th birthday party- with the extended family included!
Interested in buying a function centre?
Here are some event centres for sale across Australia right now.
Established Wedding & Event Hire Business In South West WA
- Extensive inventory: Comprehensive range of event essentials including marquees, furniture, tableware, and decor, facilitating unforgettable occasions.
- Impeccable Reputation: Trusted brand known for excellence and reliability, boasting strong partnerships with top venues.
- Room for growth: Amid increasing demand for weddings and events, abundant opportunities exist to expand services, tap into new markets, and enhance profitability.
- Fully set up: Seamless transition guaranteed with all operational elements in place, enabling immediate commencement of business activities.
Glenrose Estate in QLD
- Prime Location: Located in the vibrant rural city of Warwick, Queensland, Glenrose Estate spans 3.5 acres of award-winning gardens, comprising a grand main house, function room, and four ensuite cottages, offering an idyllic lifestyle and lucrative business opportunity.
- Profitable Business: Specializing in hosting intimate groups of patchwork quilt enthusiasts, Glenrose Estate boasts a consistently high occupancy rate with 85% forward bookings for 2024. Effortlessly profitable with years of refined facilities and processes, new owners can expect ease of operation and long-term prosperity.
- Versatile Facilities: The property features a grand main house exuding timeless elegance, four garden cottages meeting high standards of comfort and furnishings, and purpose-built event venues equipped with kitchens. With options for conferences, weddings, and functions, there's ample opportunity for diversification and expansion.
- Turnkey Operation: Sold furnished and meticulously maintained, Glenrose Estate offers a turnkey operation with designated guest parking, reliable bore, irrigation system, and a 6kW solar system. With all aspects of the estate flawlessly presented, new owners can seamlessly step into this thriving business.
Ellagoose Restaurant & Function Centre in VIC
- Prime Location: EllaGoose Restaurant & Functions is strategically situated in Benalla's main shopping precinct, offering excellent exposure to passing traffic and serving the local community and tourist trade for over 16 years.
- Versatile Spaces: The business caters to various events with a spacious restaurant accommodating up to 60 diners and three function spaces capable of hosting up to 140 patrons. Additionally, there are two semi-private areas suitable for smaller gatherings, providing flexibility for different occasions.
- Potential for Growth: With recently renovated facilities and a fully equipped kitchen, there's an opportunity to expand operations by extending trading hours, introducing Sunday trading, and focusing on growing the functions trade. The potential for additional revenue streams is significant, given the prime location and existing customer base.
- Additional Income Stream: The property includes a recently renovated 3-bedroom apartment with separate external access, offering the option to generate rental income or provide accommodation for staff members. This additional feature adds versatility and potential value to the business.
Doodle Cooma Arms Hotel in NSW
- Unique Opportunity: The Doodle Cooma Hotel stands out as the only hotel in town, serving as the central hub of the community and strategically located on the bustling Olympic Highway arterial route.
- Diverse Income Streams: With multiple revenue sources including bar, bistro/dining, pizza bar, functions, herb garden, and accommodation, this turn-key hotel offers various avenues for profitability.
- Modern Facilities: Boasting a sleek and sophisticated ambiance, the hotel features a large open-plan commercial kitchen with an independent pizza kitchen, a spacious beer garden with a powered bandstand, and stylishly presented accommodation rooms, providing a contemporary experience for guests.
- Recent Renovations: A comprehensive refurbishment in 2017 and significant capital expenditure in 2023 have ensured that the property is in top-notch condition, with brand new plant and equipment enhancing operational efficiency and guest satisfaction.
Tags: listicle buying small business 2024
About the author
Catherine Mangana
Customer Support
Catherine enjoys generating articles that highlight some of the opportunities that are now available for purchase on Bsale. She hails from a family of ...
