Exeter, Tasmania
Exeter's only Hotel, Presale Alert
TBA
Business Description
The most conspicuous site in Exeter is on the junction of the Frankford and West Tamar Highways.
Current operator here for the last 20 years.
Income from food (kitchen currently closed), beverages and three forms of gaming, Tab, Keno and fifteen poker machines owned by the leasee.
The sale includes an extensive schedule of plant and equipment, including poker machines.
Upstairs is currently let as a private residence.
Ample parking for any number of vehicles and self-contained motor homes.
This hotel is ripe for a new operator who has the energy, vision and personality to take this to the next level. The area has grown substantially.
For further information on this exciting and rare opportunity, contact Neha Suyal at ---------- or Paul Scott at ---------- or email ----------
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.
Business Summary
Key Investment Insights
1. Exeter’s only hotel, creating local market exclusivity and repeat patron potential.
2. Most conspicuous site at the junction of the Frankford and West Tamar Highways, high visibility and drive-by traffic exposure.
3. Operated by same owner for 20 years, indicating operational continuity and established customer base.
4. Multiple income streams from beverages, Tab, Keno and fifteen poker machines, providing diversified revenue.
5. Listing states plant and equipment including poker machines are included in the sale, reducing capital expenditure for a buyer.
6. Kitchen currently closed, presenting a clear, actionable opportunity to restore or expand food revenue.
7. Upstairs is tenanted as a private residence, supplying immediate rental income or accommodation flexibility.
8. Ample parking for numerous vehicles and self-contained motor homes, supporting touring clientele and events.
9. Seller and listing caution that all figures are approximate and purchasers must make their own investigations, signalling buyer due diligence required.
10. Area has grown substantially, indicating prospective market growth and upside for a new operator with vision and energy.
