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Leasehold Profitable Launceston Pub 21 EGMs Keno Tab Bistro Growth Potential T/o $50K+weekly

OFFERS OVER $550,000+SAV

Launceston, Tasmania

Leasehold Profitable Launceston Pub 21 EGMs Keno Tab Bistro Growth Potential T/o $50K+weekly

An exceptional opportunity to acquire a well-established hospitality venue featuring all forms of gaming, offered to the market for the first time in 18 years.

The current owners are preparing for retirement and are ready to hand over a solid, well-run operation to new owners who can bring fresh energy and ideas to take the business to the next level.

Key Highlights:

Established operation with 18 years of proven trading history

All gaming 21 EGMs, Keno and Tab

Spacious bistro, bar and beer garden

Seating capacity for approximately 140 patrons

Popular weekend DJ nights attracting strong local support

Trading 6 days per week, opportunity to open Sundays

Solid staffing structure with two supervisors on the floor

Long lease in place with a supportive landlord

The venue presents clear upside potential. Introducing a refreshed food menu, weekly specials, enhanced marketing, and stronger digital advertising could significantly increase revenue and patronage.

Upstairs space provides an opportunity for further development or creative use (subject to approvals), giving the incoming operator room to expand the offering.

Located in Launceston, this is a genuine opportunity to secure a pub with an established customer base, consistent trading history, and operational systems already in place.

Anyone looking to add a gaming venue to their existing business portfolio or an entrepreneur looking for financial freedom and looking for a start.

Enquire today to receive a confidentiality agreement and further details including price.

For further information on this exciting and rare opportunity, contact Neha Suyal at 0490 120 104 or Paul Scott at 0477 771 098 or email pauls@businessbrokersnetwork.com.au INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. Please note: All figures quoted are approximate.

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Last updated: 16th March 2026

Summary

Property Type
Business
Contract Type
For Sale
Location
 Launceston
State
 Tasmania
Price
OFFERS OVER $550,000+SAV
Category
  • Hotel

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Agency

Business Brokers Network

Business Brokers Network

Contact

Paul Scott