Launceston, Tasmania 7250
SOLD
Key Features
AI generated. Contact seller to confirm.
- Iconic restaurant and bar for sale
- Located in Cataract Gorge, Launceston
- Impeccable fitout and design
- Full team of qualified staff
- Trades 7 days a week
- Significant investment opportunity
- Turnover: $2.4 million
- Net Profit: Not disclosed
- Rent/Lease: 4% of sales
- Stock Value: Not disclosed
- Established: Not disclosed
Business Details
Business Category Restaurant
Make no mistake, this is a magnificent opportunity to acquire one of the best Restaurants / Bar in Launceston Tasmania.
Situated in the angelic Cataract gorge, this business, with its Georgian cobblestone walls and rustic interior and open fireplace, will take you back to a bygone era.
Well known, well reviewed, and extremely profitable this location is second to none.
With a modern menu with international themes and influences, combining fresh local Tasmanian produce with traditional and contemporary flavours of mouth-watering foods and fine local wines.
Currently run totally under management with the owner residing interstate, this business would be a significant investment for the experienced hospitality professional, or a new owner wishing to be hands on, and reside in beautiful Launceston.
Business Information -
Turnover in excess of $2.4 Million
Rental only 4% of sales
20 year Lease
impeccable fitout and design
Character and beauty rarely found in a business
Full team of qualified staff in existence
Experienced Manager and Chef
Restaurant trades 7 days for breakfast, lunch and dinner
Bar area opens at 5pm daily till late.
Extensive equipment and fixtures list all unencumbered.
Sales circa $75,000 per week at peak periods throughout the year
This is an unbelievable opportunity to purchase a business which will offer lifestyle and profitability.
Asking price: $680,000
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