FOR SALE
$239,000

Contact Agent For Address
Traralgon East VIC 3844

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 400m2
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Established Wedding Hire Business with Huge Growth Potential

Phone enquiries - please quote property ID 32877.
Reputable and popular wedding hire business located in Traralgon East, VIC, operating successfully for 8 years. Specializing in stylish furniture rentals, catering to weddings typically from 80 to 150 guests, and offering giant Tipi setup & hire for events requiring a portable venue with a 'wow factor'. Services include delivery, setup, pack-up, and styling advice ensuring a hassle-free experience for clients.
Weekly operations are generally from Thursday to Sunday, with peak seasonal wedding activity and revenue generated from September until April. The keys to success in operating this business would be a person or partnership with an enthusiastic mindset, and basic administration and customer service skills.
The sale includes a modern 4x4 Automatic Dual Cab ute, 2 purpose-built trailers, 4 giant Tipis, 350+ chairs, 14+ lounge suite sets, peacock and cane furniture, bar tables, stools, 20+ bespoke timber tables, rugs, cushions, lighting and poles. The sale also includes the business's website and social media presence, tools and equipment for setup, and training, and offers optional items such as 3x 40ft GP shipping containers, dual 12m x 12m container dome enclosures, and 2nd & 3rd Turbo Diesel vehicles (SUV tow vehicle and XL Van).
Steady turnover with gross profit margins exceeding 50%, poised for growth with increased owner involvement. Opportunities for expansion into event planning packages, pop-up events, commercial events, and servicing public events. Potential to double turnover with product expansion and additional services like furniture removal, transport and storage.
Typically booking and servicing clients from Melbourne to Lakes Entrance. Premises currently operate on a private, gated property with freeway access and ample storage space. No long-term leases; the buyer has the option to lease the yard space and infrastructure, or purchase the infrastructure outright and/or operate from their own property. Current casual staff are happy to stay on and support the new owners.
A lucrative, profitable business opportunity with minimal overheads and good growth potential, ideal for high-ROI investment seekers. Please enquire for more details.
DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Property Details for Contact Agent For Address, Traralgon East

Building Type
Commercial
Floor Size
400m2

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About Traralgon East 3844

The size of Traralgon East is approximately 34.9 square kilometres. It has 3 parks covering nearly 1% of total area. The population of Traralgon East in 2011 was 1,864 people. By 2016 the population was 1,738 showing a population decline of 6.8% in the area during that time. The predominant age group in Traralgon East is 40-49 years. Households in Traralgon East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Traralgon East work in a professional occupation. In 2011, 89.6% of the homes in Traralgon East were owner-occupied compared with 91.5% in 2016.

Traralgon East has 1,057 properties. Over the last 5 years, Houses in Traralgon East have seen a 50.33% increase in median value. As at 30 November 2024:

  • The median value for Houses in Traralgon East is $636,220 while the median value for Units is $437,757.
  • Houses have a median rent of $483.
There are currently 4 properties listed for sale, and no properties listed for rent in Traralgon east on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Traralgon east.

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