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Tassie Freehold Country Pub T/O $1,660,000 pa netting $230,000 Asking only $799,000 + sav

Tassie Freehold Country Pub T/O $1,660,000 pa netting $230,000 Asking only $799,000 + sav
Price $750,000 o/o +sav

Details

Price $750,000 o/o +sav
Location 184 Weld Street Beaconsfield TAS
Categories Food/Hospitality – Restaurant
Date Listed 10th April, 2019
Listing ID 6316

Description

Tassie Freehold Country Pub T/O $1,660,000 pa netting $230,000 Asking only $799,000 + sav

Fantastic 30% ROI as a freehold, the bottom line can be improved with a new working couple, current owners 35 years.

Hotels with this high net profit and turnover, at this asking price are very rare, the astute purchaser will seize the opportunity.

Very simple operation, only bar and bottle shop, no meals, no gaming, no accommodation, bottle shop is manned from the bar.

The hotel is in good order, has been well maintained,has a large modern bar, function room, 7 bedrooms, kitchen and dinning room, 48 solar panels.

The focus of the business has been the bottle shop, which has a walk-in cool-room and room to expand.

A working couple could manage this hotel with minimal staff, this is a very easy to manage hotel, ideal for the first timer, or a person with an eye for development.

There is potential to expand the bottle shop and corner the market for bottle sales, introduce meals, accommodation, a distillery or boutique brewery,

Located on 3000 sqm block, main road frontage, on the tourist route, this is a standout opportunity.

Contact the Tasmanian Hotel Specialist, Paul Scott on [email protected]

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

Property Code: 134