Westbury, Tasmania
Westbury One Hotel Town 79% ROI for a Working Couple
SOLD
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. 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.
