QUALIFIED BUYER SEEKING AUSTRALIAN FUNCTION CENTRE BUSINESS
Our client, an experienced hospitality operator with substantial financial backing, is actively seeking to acquire established function centres throughout Australia in the following categories:
✦ Wedding venues and reception halls
✦ Corporate event facilities
✦ Multi-purpose function centres
✦ Conference and meeting venues
✦ Banquet halls and celebration spaces
ACQUISITION CRITERIA:
BUSINESS SIZE:
✦ Established operations with proven trading history
✦ Venues of various sizes considered
✦ Open to both single-location and multi-site operations
LOCATION PREFERENCES:
✦ Open to metropolitan, suburban, and regional locations
✦ Particularly interested in opportunities in NSW, Queensland and Victoria
✦ Properties in scenic or prestigious areas of special interest
KEY REQUIREMENTS:
✦ Consistent booking rates
✦ Good standing with local authorities
✦ Positive customer reviews and reputation
✦ Potential for operational improvements or expansion
FINANCIAL PARAMETERS:
✦ Healthy profit margins
✦ Organised financial records
✦ Appropriate licences and compliance with Australian hospitality standards
BUYER PROFILE:
✦ Extensive event management and hospitality experience
✦ Strong financial position with ready capital
✦ Track record of successful venue operations in Australia
✦ Focus on enhancing customer experience
✦ Efficient settlement capabilities
✦ Flexible approach to deal structuring
TRANSACTION APPROACH:
✦ Maintain complete confidentiality
✦ Provide necessary financial verification
✦ Conduct respectful and efficient due diligence
✦ Retain valuable staff members
✦ Work with vendors on customised transition arrangements
VENDOR BENEFITS:
✦ Fair market valuation
✦ Reliable settlement process
✦ Commitment to maintaining business reputation
✦ Flexible ownership transition options
✦ Minimal disruption for staff and existing bookings
CONNECT WITH THIS BUYER:
If you own or represent an Australian function centre business that might align with these criteria, we invite you to submit a confidential enquiry. Our buyer is actively reviewing opportunities and ready to engage with suitable matches.
To discuss this mandate further or to present your business for consideration, please submit your contact information and a brief overview of your venue. A representative will contact you promptly to explore potential alignment.
Submit your enquiry today to connect with this motivated buyer.
WANTED: Function Centre Business in Australia - Buyer Ready
VIC
Asking Price
Wanted
Revenue
Profit