19 Wellington Street, Longford, Tasmania

Historic Country Hotel Business Food Bar Asking $190,000+sav Long Lease

$190,000+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 approved
Accommodation on-site is subleased to a local berry farm, providing a consistent 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: ---------- 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

Praveen Pant

0432 25....

Business Brokers Network Australia

Key Investment Insights

AI generated. Confirm details with the seller.

1. Asking price of $190,000 plus stock at valuation for an established leasehold hotel business.
2. Reported monthly revenue exceeds approximately $55,000, with income from bar sales, bistro operations and subleased accommodation.
3. Accommodation subleased to a local berry farm provides approximately $65,000 in annual income.
4. Long lease in place until 10 September 2039.
5. Prominent corner position on Longford's busiest entry road, approximately 20 minutes from Launceston, attracts local support and passing tourists.
6. Historic hotel built circa 1820, tastefully upgraded while retaining its country charm and character.
7. Facilities include a bistro, public bar, lounge, recently renovated outdoor deck and popular pet friendly dining area.
8. Experienced staff are in place, with two owners currently working approximately 25 hours per week.
9. Strong local reputation complemented by a distinctive collection of motor racing memorabilia and nostalgic displays.
10. Identified growth opportunities include expanding the food offering and introducing additional entertainment and events.
11. Keno approval provides an additional operational feature.