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Tasmania, Fantastic Leasehold Pub, t/o $1.7m plus, Netting approx $400,000 offers over $550,000

$550,000 + SAV

  • ID Ref 3160
  • Suburb Launceston
  • State TAS
  • Status For Sale
  • Tasmania, Fantastic Leasehold Pub, t/o $1.7m plus, Netting approx $400,000 offers over $550,000

Business Description

What a retirement plan, this cash cow, deserves your attention.

One of Launceston's best pubs, CBD location on very busy high profile corner, with 3 adjoining car parks.

This pub has a long successful history and is a favorite with the younger patrons, who enjoy a high disposable income.

This pub has plenty of upside, with no gaming, no bottle shop and underutilized back packer accommodation.

With a 24 hour license, currently trading from 4 pm, offering diner 7 days a week great social media reports,still in growth pattern.

Potential to open earlier, for the lunch trade, provide back backer accommodation and promote the pub further.

At least 22 years left on the lease, the majority of this pubs income is generated over the bar, resulting in a high net.

14 Beers on tap, multiple bars and large dining room, with a successful recipe, music and an Irish theme.

This is a serious opportunity for genuine entrepreneurs who are looking to secure their future.

Contact Paul Scott the Business Broker specialising in hotel sales.

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 Features / Snapshot

Your Business Broker

Paul Scott

Business Location

211 Brisbane Street, Launceston, Tasmania 7250