138 Collins Street, Hobart, Tasmania

Hobart FHGC Backpackers Owners Proj Net 2025 f/y >500k Under Management

$5,650,000 WIWO

Business Description

Consistent and Strong Earner, outstanding and unique opportunity in this tourist orientated state.

Significant turnover around/ approaching $1.1m in 2025, current year up 22% on same period last year, due to the sheer size of the operation, potentially 169 beds in 69 rooms, total floor area 2,776 m2, this is potential gold mine.

Run under management for the last 5 years, all staff experienced and trained.

This substantial CBD building is centrally located and provides budget accommodation for the thousands of backpackers, tourists and seasonal workers who visit the popular Tasmanian Capital.

The budget style accommodation is highly sought after as the occupancy figures will show.

An owner operator would realise the vast growth potential that exists and correspondingly reap the rewards.

Spread over 4 levels, with a variety of room configurations, male and female bathrooms, spacious reception, guest kitchen, two lounge rooms, managers quarters and 5 staff bedrooms, guest and commercial laundries.

Hard wired fire-alarms and sprinkler system throughout, booking systems,24 cameras with 3 monitors in reception surveillance system..

An easily run operation, well known and long established.

Hobart accommodation business are tightly held, contact Tasmania's foremost accommodation business brokers, Call Praveen Pant on ---------- or contact Paul Scott on ---------- email: ---------- NDING 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.
NOTE: All figures are approximate.

Business Summary

Marketing Agent
Paul Scott
Paul Scott

Business Brokers Network Australia

Business Brokers Network Australia

Key Investment Insights

1. The business for sale is a Hobart FHGC Backpackers, with a projected net income of over $500,000 for the current year.
2. The business is currently under management and has been consistently earning strong profits for the past 5 years.
3. The location of the business in a tourist-oriented state provides a unique and outstanding opportunity for growth.
4. The business has a significant turnover of around $1.1 million in 2025, with a 22% increase compared to the same period last year.
5. The operation has the potential to accommodate 169 beds in 69 rooms, with a total floor area of 2,776 m2.
6. The business has a well-trained and experienced staff, making it easy to run under management.
7. The CBD building is centrally located and provides budget accommodation for backpackers, tourists, and seasonal workers.
8. The budget style accommodation is highly sought after, as shown by the high occupancy figures.
9. An owner-operator could potentially realize significant growth and reap the rewards.
10. The business is spread over 4 levels with a variety of room configurations, male and female bathrooms, and other amenities.
11. The building has hard-wired fire alarms and a sprinkler system, as well as a booking system and surveillance system.
12. The business is well-known and has been established for a long time.
13. Hobart accommodation businesses are tightly held, making this a rare opportunity.
14. Interested parties are advised to make their own investigations and inquiries before relying on any statements or warranties made by the vendor or anyone on their behalf.
15. All figures provided are approximate.
Listing location

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Backpacker/Hostels For Sale

You may also like

Business & Freehold - One of the largest backpacker facilities in Australia
Elders Commercial
Business & Freehold - One of the lar...

HOBART

For Sale by Private Treaty $5,650,000 (ROI 7.5%)

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

More Backpacker/Hostel For Sale Searches
    ...
    Surfers Paradise Prime Management Rights Opportunity
    Freehold Motel - Prime Location - Seldom Available
    Absolute Beachfront Mermaid Beach
    Beautifully Presented Holiday Park - Long Lease
    Off The Plan Kirra Beach Completion April 2025
    Beach Life Alex – Caretaking-Only with Unmatched Flexibility | Resort Brokers ID : MRB008570
    Time For a Lifestyle Change Beach Paradise Awaits
    Family Owned Mid North Coast Waterfront 84 Site Caravan Park - 1P6280CP
    Freehold Going Concern NSW New England Fuel Depot Located Near the Heart of  Town - 1P6283
    Motel in an absolute prime land/location. Freehold and Business.
    Northern Gold Coast Resort - ID 8047
    Affordable Budget Motel Freehold in thriving Hamilton | Resort Brokers ID : FH008410
    Beachfront Beauty:  Rare opportunity to aquire a Freehold Motel in Mollymook  | Resort Brokers ID : FH008552
    A thriving business opportunity with consistent performance and growth potential | Resort Brokers ID : FH008564
    RARE COASTAL LEASEHOLD MOTEL IN BOOMING HERVEY BAY
    Freehold Caravan Park For Sale
    Prime Beachfront Business with Huge Upside!
    A Rare Investment Opportunity with Exclusive Zoning & Breathtaking Ocean Views! | Resort Brokers ID : MR008560