Business Success In Hobart. 5 Businesses For You To Choose From

by Catherine Mangana 17th of June, 2023
Business Success In Hobart. 5 Businesses For You To Choose From
Franklin wharf in Hobart, Australia

Hobart, Tasmania's capital city, is captivating and known for its unique combination of natural beauty, cultural richness, and charming atmosphere. Hobart has a spectacular environment that captivates visitors and residents alike, nestled among picturesque scenery, including the stunning backdrop of Mount Wellington and the sparkling Derwent River.

Tourists seeking a diverse and engaging experience are drawn to the city's lively arts scene, booming culinary culture, and historical attractions such as Salamanca Place and Battery Point. Hobart's peaceful pace of life, combined with its welcoming society and strong sense of tradition, make it an enticing place to consider buying a business and setting down roots.

Some of the most popular attractions Hobart:

  • Salamanca Markets are the most visited tourist attraction in Tasmania. Held every Saturday along Salamanca Place, the market is renowned for its bustling atmosphere, diverse range of stalls, and the celebration of Tasmania's finest produce, arts, and crafts. You can sample local gins, whisky, and wines, as well as preserves and cheeses, organic skincare, Tasmanian timber and ceramics, woollen products, and handmade jewellery, clothes, and homewares. These well reknowned markets have been held for over 50 years and are an experience that draws crowds, time and time agai

  • MONA - Museum of Old and New Art: While technically 11 km north of Hobart, The Museum of Old and New Art, or MONA, is a monument to Tasmania's thriving arts industry and commitment to promoting innovation. Founded in 2011 by David Walsh, MONA has transformed Hobart's cultural scene and put Tasmania on the worldwide art map.Mona (Museum of Old and New Art) has received several notable awards and recognition including the prestigious title of Australia's Major Tourist Attraction in 2015 and the 2020 Australian Arts in Asia Award for its innovative cross-cultural collaborations and efforts in building connections between Australia and the Asian region.

  • Cascade Brewery, founded in 1824, is an important part of Tasmanian history and has become a symbol of Australian brewing expertise. Cascade Brewery, located in Hobart, Tasmania, is not just the country's oldest continuously functioning brewery, but also the second-oldest in Australia. This Tasmanian icon has received numerous awards for its skilfully produced ales, lagers, and ciders throughout the years, gaining a reputation for excellence both locally and globally. Cascade Brewery stands as a true Tasmanian icon, showcasing the rich brewing heritage of the region.

  • Mount Wellington: Towering over Hobart, Mount Wellington provides breathtaking panoramic views of the city, harbor, and surrounding landscapes. Visitors can drive or take a bus to the summit, where they can enjoy stunning vistas, go hiking on various trails, or even experience snow during winter months.

  • Port Arthur Historic Site: Located about an hour's drive from Hobart, the Port Arthur Historic Site is a UNESCO World Heritage-listed site and one of Australia's most significant convict-era archaeological sites. Explore the well-preserved ruins of the former penal settlement, take guided tours, and learn about the harsh history of Tasmania's convict past.

  • Royal Tasmanian Botanical Gardens: Situated near the city centre, the Royal Tasmanian Botanical Gardens is a tranquil oasis showcasing a wide variety of native and exotic plants. The gardens offer beautiful landscapes, including Japanese gardens, a conservatory, and the historic Arthur Wall. Visitors can stroll through the serene surroundings, enjoy picnics, and learn about Tasmania's diverse flora.


Interested in buying a business in Hobart?

Here are 5 businesses listed for sale in Hobart on Bsale now.


1. Freehold Licensed Restaurant/ Cafe/ Takeway


Price: Offers over $950,000 + SAV

This rare freehold and business opportunity, offers a highly successful, long-established business and substantial (313m2) residence onsite. Superbly located on main tourism route to Talune Airwalk, Dover, Hastings Caves and Thermal Springs, at the entrance to Geeveston’s main shopping street.

  • High turnover and profit that continues to grow each year
  • Top quality, plant and equipment, fully equipped commercial kitchen and storage facilities
  • Spacious 5-bedroom/2-bath residence, perfect for a large family, close to schools and all local community facilities
  • Over an acre of near-level land, with rivulet frontage 20+ fruit trees, a 5-car garage/workshop and storage area


Contact Seller


2. Niche Retailer In Cbd


Price: Contact Seller

An established and profitable shoe retailer is offered for sale for the first time in 25 years. Icon Footwear is a unique business and one of the first retailers to bring the award-winning BIRKENSTOCK to Australia and the first to get it to Tasmania.

Icon Footwear was established in March 1998 by the owners in Hobart, Tasmania, this business has evolved over the years. Current owners have spent their time and energy in building a business that caters for the unisex customer base. With an average weekly turnover of $24,000 in FY 2022 this business is financially rewarding.

  • Excellent weekly turnover and profit margins.
  • Exclusivity- 'A' list Birkenstock retailer, Icon Footwear is the only store with the full range of Birkenstock in Tasmania. This German shoe brand does not take onboard new retailers.
  • Congenial working hours Monday to Friday 9.30 am to 5.30 pm & Saturday 10 am to 4 pm.
  • Experienced, knowledgeable staff & operating procedures to assist the new owners for a smoother transition.
  • High profits allowing the potential to run under management.


Contact Seller


3. Easy To Run Pizza & Pasta Store


Price: $250,000

This easy to run quality business, has a quality fit out that allows a new owner to walk in and put their stamp on it from the start.

Selling gourmet style Pizza and as well as the usual favourites.

In a great locations to capture the commuter customer. This is an excellent opportunity.


Contact Seller


4. Iconic Hospitality Business


Price: $450,000

The Pancake Train is a local institution with the business successfully generating annual sales of $626,660

Located within the highly popular Margaret Train retail site 20 minutes south of Hobart, this well-established business focuses on the sale of Pancakes, Coffee & Ice creams all served from within the truly unique setting of the train carriages.

  • Well-established and highly profitable business
  • Full commercial kitchen
  • No direct competition with the vicinity
  • Tourist attraction and very well-supported locals' venue
  • High-profit offering pancakes, coffee, ice creams
  • No nights Day time trade only

The 2 working owners are comfortably earning $200,000 per year. Or you could employ a manager on $100k per annum and earn a passive income of $100k yourself.


Contact Seller


5. Boutique Hair Salon In Hobart


Price: $145,000

This is a great opportunity to take over a popular luxury hair salon operating in the heart of Hobart CBD with a loyal customer base.  This is full-service hair salon that provides luxury hair treatments including advanced cuts and styling, hair color specialist, stockist of specialised hair products, including vegan supplements, and wedding styling. 

Established 23 plus years ago and operating from its current location for the past 11 years this business is in a prime location in a busy local shopping precinct with plenty of foot traffic and ample parking.

  • Ideal location with reasonable rent.
  • Consistently produces strong six-figure earnings for an owner-operator working 4 days per week on average.
  • Well-trained hairdressing staff
  • Well-established business with a solid customer base
  • Profitable Turning over $279K,  EBIPTDA $136K annualised over 2 years


Contact Seller

Tags: listicle hobart tas 2023 buying

About the author

Catherine Mangana

Customer Support

Catherine enjoys generating articles that highlight some of the opportunities that are now available for purchase on Bsale. She hails from a family of ...

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