Excellent Diversified Revenue Mix - NEW PRICE
(no street name provided), Launceston TAS 7250
$200,000
BusinessSize: n/a
LEASEHOLD CITY HOTEL - $200,000 + SAV
Opportunity to acquire a profitable Launceston city hotel with excellent diversified revenue streams from three separate businesses within the property.
Comprising Steve's Grill (a licensed restaurant & bar), Pizza@Centennial averaging 300 pizzas per week, and 10 guest rooms with superior budget accommodation, the hotel has experienced strong sales growth in recent years.
The hotel has operated since the 1800's with the current owners recently doing significant internal renovations.
Prime location on CBD main road, with over 22,000 vehicles passing daily. Within walking distance to Launceston Hospital making an excellent choice for accommodation.
* Revenue > $1.7M
* Diversified revenue streams with 3 Businesses in one
* Accommodation recently refurbished
* Steve's Grill & Bar 130 seating capacity
* Long lease term with options can be secured
* Owner ready to retire after 16 years
* Full handover provided by owners
FINN BUSINESS SALES TASMANIA
Or call 0448 887 398
Or email chris.mitchell@finnbusinesssales.com.au
Please contact our office for a copy of the Business Profile which can be provided after completion of our confidentiality agreement.
FINN BUSINESS SALES TASMANIA website:
https://tasmania.thefinngroup.com.au/
Opportunity to acquire a profitable Launceston city hotel with excellent diversified revenue streams from three separate businesses within the property.
Comprising Steve's Grill (a licensed restaurant & bar), Pizza@Centennial averaging 300 pizzas per week, and 10 guest rooms with superior budget accommodation, the hotel has experienced strong sales growth in recent years.
The hotel has operated since the 1800's with the current owners recently doing significant internal renovations.
Prime location on CBD main road, with over 22,000 vehicles passing daily. Within walking distance to Launceston Hospital making an excellent choice for accommodation.
* Revenue > $1.7M
* Diversified revenue streams with 3 Businesses in one
* Accommodation recently refurbished
* Steve's Grill & Bar 130 seating capacity
* Long lease term with options can be secured
* Owner ready to retire after 16 years
* Full handover provided by owners
FINN BUSINESS SALES TASMANIA
Or call 0448 887 398
Or email chris.mitchell@finnbusinesssales.com.au
Please contact our office for a copy of the Business Profile which can be provided after completion of our confidentiality agreement.
FINN BUSINESS SALES TASMANIA website:
https://tasmania.thefinngroup.com.au/
Inspections
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Key details
Property type:
Business
Other Details
Property history
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SummaryMedian sales
Average Age
42 years
Population
3,110
Listing ID: 182302785. This listing has been viewed 0 times. It was first displayed on 15/02/2024 and last updated on 24/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.