19 Wellington Street, Longford, Tasmania
Historic Country Hotel Business Food Keno Bar Asking $215,000+sav Long Lease
$215,000+sav
Business Description
Country Club Hotel Longford, Tasmania
Positioned on the busiest road into the vibrant township of Longford, the Country Club Hotel offers an outstanding opportunity to purchase a well-established leasehold hospitality business with diversified income streams and excellent growth potential.
Originally built circa 1820, this iconic hotel has been tastefully upgraded while retaining its country charm and character. The venue features an attractive bistro, public bar, comfortable lounge, recently renovated outdoor entertaining deck, and a popular pet-friendly dining area. The hotel is also well known for its collection of motor racing memorabilia and nostalgic displays.
Located approximately 20 minutes from Launceston, the business enjoys strong local support and passing tourist traffic.
Business Highlights
Monthly revenue in excess of $55,000
Long lease in place until 10 September 2039
Prime high-exposure corner position
Multiple revenue streams from:
Bar sales
Bistro
Keno
Accommodation on-site is subleased to a local berry farm, providing a consisten income of $65,000 per annum.
Experienced team of staff in place
Two owners currently work approximately 25 hours per week
Well-presented premises in good condition
There is excellent potential for a motivated operator to further increase revenue by expanding the food offering, introducing additional entertainment and events, and continuing to build on the hotel's strong local reputation.
Whether you're an experienced publican, hospitality operator or looking to enter the hotel industry, this historic country hotel presents an affordable opportunity to acquire an established business in one of Northern Tasmania's most desirable regional towns.
Enquire today for further information and a confidential Information Memorandum.
Phone Praveen Pant ---------- or via email: ---------- Paul Scott at ---------- 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. NOTE: All figures are approximate.
Business Summary
Key Investment Insights
AI generated. Confirm details with the seller.
1. Monthly revenue exceeds $55,000, with diversified income from bar sales, bistro, Keno and accommodation.
2. Accommodation is subleased to a local berry farm, generating stated annual income of $65,000.
3. Long lease secured until 10 September 2039, supporting operational continuity for the incoming owner.
4. Prime high exposure corner position on the busiest road into Longford captures local and passing traffic.
5. Approximately 20 minutes from Launceston, with established local support and tourist visitation.
6. Recently renovated outdoor entertaining deck, attractive bistro, public bar, lounge and pet friendly dining area.
7. Experienced staff team already in place, while the two owners currently work approximately 25 hours weekly.
8. Historic circa 1820 premises retain country charm, complemented by motor racing memorabilia and nostalgic displays.
9. Further growth avenues identified through expanding food offerings and introducing additional entertainment and events.
