Westbury, Tasmania
Westbury One Hotel Town 79% ROI for a Working Couple
Under Contract / Offer
Business Description
This long established, well known institution, is a brilliant profitable licensed hotel. Country pubs are a great lifestyle, the children walk to school.
Enjoying all forms of gaming (15 poker machines included), bar sales, bottle shop and large dinning room.
This business has a turnover in excess of $2m pa and shows a very healthy net profit, to two working owners.
The hotel has a long lease, extensive range of plant & equipment and a team of trained and motivated employees.
The operators living expenses are meet by the business as they live on site.
Westbury is a growing country town, with 2300 residents and more in the highly productive surrounding rural areas, it has an industrial precent, primary school, supermarket, chemist, doctors, servo etc. bus service to high schools in either direction, 30 klms from Launceston.
If you are in the market to buy a business then buy the best financially rewarding hotel in Tasmania.
Phone Business Broker Paul Scott on ---------- . ---------- Praveen Pant on ---------- 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
1. 79% ROI highlighted for a working couple, signalling strong potential returns for owner operators.
2. Turnover in excess of $2 million per annum, with stated healthy net profit to two working owners.
3. Long established, well known institution, offering brand recognition and local goodwill.
4. Diversified revenue streams including 15 poker machines, bar sales, bottle shop and large dining room.
5. Long lease in place, reducing occupancy uncertainty and supporting continuity of operations.
6. Extensive plant and equipment included, lowering immediate capital expenditure for a new owner.
7. Trained and motivated employees employed, supporting operational stability and reduced onboarding risk.
8. Operators live on site and the business meets their living expenses, effectively reducing personal operating costs.
9. Location in Westbury, a growing country town of about 2,300 residents with productive surrounding rural areas, enhancing customer base.
10. Strong local amenities and connectivity, including an industrial precinct, primary school, supermarket, chemist, doctors, servo, and bus links to high schools; 30 kilometres from Launceston.
11. Family lifestyle appeal emphasised, with children able to walk to school and on site living available.
12. All figures are approximate and purchasers are expressly advised to make their own investigations and enquiries rather than relying on vendor statements.
