Tasmania REGION

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

375000 offers over +sav

Property Description

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 ---------- 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

Property Summary

Hotel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -
Marketing Agent
Paul Scott
Paul Scott

Business Brokers Network Australia

Business Brokers Network Australia

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

CARETAKING BUSINESS IN PRIME LOCATION | Resort Brokers ID : MR007017
Best buy Boutique freehold going concern motel | Resort Brokers ID : FH007028
Central Qld Motel Lease
Business For Sale - Off the Plan Now Completed - ID 8792 BL
Launceston CBD, Award Winning AAA 4 Star 37 Room Motel, Parking, Views Coming Soon
1260MF - BIG REGIONAL CITY FREEHOLD MOTEL WITH PLENTY TO OFFER
this business has the perfect lifestyle balance - work a little, leisure a lot | Resort Brokers ID : MR007021
Coastal Luxury Accommodation | Resort Brokers ID : FH007022
MODERN HIGH-RISE BUSINESS ONLY MANAGEMENT RIGHTS IN TOOWONG | Resort Brokers ID : MRB007009
2683ML - GREAT FIRST TIME MOTEL
Cooma Hotel, VIC - 1P0095
Barham Hotel NSW - 1P0096
PRIME HIGH NET BEACHSIDE RESORT ON QUEENSLAND SUNSHINE COAST | Resort Brokers ID : MR007026
Magnificent Armidale Leasehold Motel | Resort Brokers ID : LH007023
800MI - A SUPER MOTEL PASSIVE INVESTMENT!
Business For Sale - Exquisite Location - Close to Famous Beaches - ID 9036 H
Mudgeeraba/Robina Permanent-live off site
2610ML - A MOTEL LEASEHOLD WITH THE LOT