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Function hire, wedding venue and cafe

Photos: Advance Business Brokers (ADBB)

Photo 1 of 1

About the business

A hospitality venue offering function hire and a cafe, in a restored church in Geelong, Victoria. The cafe is open Monday to Friday, 7:30am to 3:00pm. It is in the central business district of Geelong, within minutes of the waterfront. The building is a restored church, said to be the oldest Baptist Church of its kind in Victoria, first opened 1 November 1857. It has seating space inside and out, including an al fresco area, a large dining area, a full commercial kitchen and wash-up area. The broker reports a top 10 place for function hire and wedding venues in the Geelong region, and write-ups in magazines.

Financing calculator

An estimate, not a loan offer. Change the numbers to see what buying this business would take in cash and what the repayments would be each month.

Seller finance
Some sellers take part of the price over time. Shown at 8% over 3 years.
Loan term
Usually up to 7 years; longer when secured on property.
Loan
Secured on property: the RBA's average for small business new loans secured on residential property, August 2026

How the $194,000 is paid

  • Your cash $58,200
  • Loan $135,800

What borrowing costs

$172,054 repaid in all

  • Borrowed $135,800
  • Interest $36,254
AU-14252Estimate

Asking price$194,000

Paid by

Your cash$58,200

Secured loan, 7 years at 6.98%$135,800

Each month

Loan repayment$2,050

Repayments each month

$2,050

Over 7 years you repay $172,054, of which $36,254 is interest.

Secured on property: the RBA's average for small business new loans secured on residential property, August 2026. Lenders set their own rates and terms, and this leaves out stamp duty and fees. Source: Reserve Bank of Australia 2026.

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