Key Investment Insights
AI generated. Confirm details with the seller.
1. Advertised 79% ROI specifically cited for a working couple, signalling very high owner-return potential.
2. Long-established, well known institution, implying strong local reputation and customer loyalty.
3. Profitable licensed hotel with turnover in excess of $2 million per annum, and described as delivering a very healthy net profit to two working owners.
4. Diversified revenue mix includes 15 poker machines, bar sales, bottle shop and a large dining room, reducing reliance on any single income stream.
5. Operators live on site and the business meets their living expenses, offering significant owner cost savings and convenience.
6. Property comes with a long lease, extensive plant and equipment, and a trained, motivated employee team, lowering capital expenditure and recruitment risk.
7. Located in Westbury, a growing country town of about 2,300 residents plus productive surrounding rural areas, supporting local patronage.
8. Proximity to Launceston at approximately 30 kilometres, providing access to a larger population catchment and services.
9. Local amenities include an industrial precinct, primary school, supermarket, chemist, doctors and service station, supporting staff and customer needs.
10. School-age lifestyle appeal highlighted, children can walk to school, reinforcing family-friendly owner-operator model.
11. Transport linkages include a bus service to high schools in either direction, aiding staff and family mobility.
12. Vendor disclaimer notes all figures are approximate and purchasers must make their own investigations, indicating need for buyer due diligence.
