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

High profile corner site on the main arterial road ( approx 22,000 vehicles daily), high turnover from a 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 upsides 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 its own ordering app Recently refurbished, eleven accommodation rooms all with private ensuites, able to be booked online 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, an extensive list of plant and equipment included in the sale.


For further details on standout opportunity phone Paul Scott on 0477771098 or email pauls@tasbps.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

Suburb Launceston
Price Offers over $375,000
Property Type Business
Property ID 380
Category Accommodation/Tourism, Food/Hospitality, Food/Hospitality

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Paul Scott

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