16 Marlborough St, Longford, Tasmania
Iconic Longford Pub Multiple Income Streams Leasehold Business $60,000+ Monthly Turnover
SOLD
Business Description
An outstanding opportunity to acquire the leasehold interest of one of Longford's well-known and family-friendly hospitality venues.
The Blenheim Inn has built a strong reputation within the local community and continues to attract regular patrons, tourists and visitors alike. Offering multiple revenue streams and an experienced team already in place, this business provides an excellent platform for a hands-on operator or hospitality couple looking to build on an already successful operation.
Business Highlights
Multiple income streams including:Licensed bar, Restaurant, Bottle shop
Well-established and recognised local venue
Family-friendly atmosphere with loyal local clientele
Experienced team of chefs, cooks and front-of-house staff in place
Current owners are non-working owners
Trading 7 days per week
Lunch service: 11:00am 2:00pm
Dinner service: 5:30pm 8:00pm
Popular live music every Friday night
Approved for Keno
Long lease up to 30 September 2040
Owner advises a new operator may wish to investigate obtaining Electronic Gaming Machine (EGM) entitlements (subject to regulatory approvals)
The current owners have only recently expanded operations to seven-day trading, providing further opportunity for a motivated purchaser to continue growing revenue. With the business operating under management and an experienced team handling the day-to-day operations, the foundations are already in place for a smooth transition.
Whether you are an experienced publican, hospitality professional or a family looking to operate your own country hotel, the Blenheim Inn presents an affordable opportunity to enter Tasmania's thriving hospitality sector.
Growth Opportunities
Expand entertainment and event nights
Increase marketing and social media presence
Capitalise on growing tourism through the Northern Midlands
Further develop food and beverage offerings
Build on the recently introduced seven-day trading model
Opportunities offering an established venue, diversified income streams and a loyal customer base at this price point are becoming increasingly difficult to find.
Price: $115,000 + SAV
Approximate stock at value: $15,000$20,000
For further information or to arrange a confidential inspection, contact Tasmanian Business and Property Sales today.
For further details phone Praveen Pant 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
Business Summary
Key Investment Insights
AI generated. Confirm details with the seller.
1. Reported turnover in excess of $60,000 per month, indicating strong revenue generation.
2. Leasehold sale with long lease in place to 30 September 2040, offering tenure stability for a new operator.
3. Multiple income streams including licensed bar, restaurant and bottle shop, providing revenue diversification.
4. Well-established, iconic and family-friendly local venue with loyal clientele and tourist appeal.
5. Experienced team of chefs, cooks and front-of-house staff already in place, enabling a smooth management transition.
6. Current owners are non-working, presenting an opportunity for an owner-operator to increase hands-on returns.
7. Trading seven days per week following a recent expansion, creating immediate scope to build further revenue.
8. Regular Friday night live music and approved Keno, offering established entertainment income and customer draw.
9. Owner flags potential to pursue Electronic Gaming Machine entitlements, subject to approvals, as an additional revenue avenue.
10. Listed price $115,000 plus SAV, with stock at value approximately $15,000 to $20,000, representing an affordable entry to Tasmania’s hospitality sector.
