Excellent Diversified Revenue Mix - New Price

Business For Sale Launceston, Tasmania 7250

Business Category Hotel Restaurant Takeaway Food

$200,000

Description

Excellent Diversified Revenue Mix - New Price

LEASEHOLD CITY HOTEL - $200,000 + SAV

Opportunity to acquire a profitable Launceston city hotel with excellent diversified revenue streams from three separate businesses within the property.

Comprising Steve's Grill (a licensed restaurant & bar), XXXXXXXXXX aging 300 pizzas per week, and 10 guest rooms with superior budget accommodation, the hotel has experienced strong sales growth in recent years.

The hotel has operated since the 1800's with the current owners recently doing significant internal renovations.

Prime location on CBD main road, with over 22,000 vehicles passing daily. Within walking distance to Launceston Hospital making an excellent choice for accommodation.

* Revenue > $1.7M

* Diversified revenue streams with 3 Businesses in one

* Accommodation recently refurbished

* Steve's Grill & Bar 130 seating capacity

* Long lease term with options can be secured

* Owner ready to retire after 16 years

* Full handover provided by owners

FINN BUSINESS SALES TASMANIA

Or call XXXXXXXXXX

Or email XXXXXXXXXX

Please contact our office for a copy of the Business Profile which can be provided after completion of our confidentiality agreement.

FINN BUSINESS SALES TASMANIA website:

XXXXXXXXXX
Contact Seller
Chris Mitchell

Bsale ID: 636321
Broker REF: 53978

The Finn Group
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