Westbury, Tasmania
Westbury One Hotel Town 79% ROI for a Working Couple
$495,000 + SAV
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. Long established and well-known institution
2. Profitable licensed hotel with a turnover of over $2 million
3. 15 poker machines included in the business
4. Multiple sources of revenue, including gaming, bar sales, bottle shop, and dining room
5. Long lease and extensive range of plant and equipment
6. Trained and motivated employees
7. Operators' living expenses are covered by the business
8. Growing country town with a population of 2300 and potential for further growth
9. Located in a highly productive rural area with various amenities and services
10. Close proximity to Launceston and access to bus services for high schools
11. Considered the best financially rewarding hotel in Tasmania
12. Opportunity for potential buyers to conduct their own investigations and enquiries
13. Figures quoted are approximate.
