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Launceston Leasehold Hotel forecasted T/o $1.7m offers over $375,000 +sav

375000 offers over +sav

Tasmania Region, Tasmania

Launceston Leasehold Hotel forecasted T/o $1.7m offers over $375,000 +sav

High profile corner site on main arterial road ( approx 22,000 vehicles daily), high turnover from diverse range of income, inc restaurant, pizza, liquor sales and accommodation. No gaming, no low margin bottle shop.

All round 4-star rated reviews for quality food and friendly service.

Highly Profitable, showing an excellent ROI, with plenty of upside still to be had, would benefit from two working owners.

Long established and popular licensed restaurant and grill with seating for 130

Street frontage pizza shop, recently renovated at a cost of $160,000, has it's own ordering app

Recently refurbished, eleven accommodation rooms all with private ensuites, able to be booked on line, 20 on site parking spaces..

An opportunity with an already high turnover, fantastic base to commence from, take the business to a new level and fine tune the key performance criteria.

Seldom will you find a business with this performance, in a city location for sale at such a realistic asking price.

Knowledgeable, experienced and proficient stay in place, extensive list of plant and equipment included in sale,

For further details on standout opportunity phone Paul Scott on 0477771098 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

Features

Hotel Information

  • Restaurant Facilities: -
  • Liquor Licence: -
  • Restaurant: -
  • Lease: -

Business Links / Tools

Last updated: 26th May 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Tasmania
State
 Tasmania
Price
375000 offers over +sav
Category
  • Hotel
  • Restaurant
  • Takeaway Food

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Agency

Business Brokers Network

Business Brokers Network

Contact

Paul Scott