Sold | Location! Rare Opportunity - Iconic Gorge Restaurant & Basin Cafe

Business For Sale Gorge Restaurant & Basin Cafe, Launceston, Tasmania 7250

Business Category Alcohol Liquor Shop Cafe and Coffee Shop Restaurant



Sold | Location! Rare Opportunity - Iconic Gorge Restaurant & Basin Cafe

INVESTMENT: $345,000 + SAV
ROI > 90%

Only the second time offered for sale in 30 years and very successfully run under the current owners since 2005, the Gorge Restaurant and Basin Cafe, both fully licenced, boast a total of four food and beverage outlets, catering to distinctly different customer bases and budgets.

Situated within Launceston's iconic Cataract Gorge Reserve and Cliff Grounds, and only 10 minutes from the CBD, the beautiful Cataract Gorge is one of the top 3 Tasmanian tourist destinations and also a key destination for locals. The Cataract Gorge offers year round walks, bushwalking, water sports and postcard perfect vistas.

* Consistent sales > $2M +
* Experienced management team in place
* Very strong profitability
* Owners work part time
* Strong year round trade
* Restaurant and Cafe cater for private functions and wedding
* Business has a strong local and tourist following
* No direct competition in local area
* Well known for consistent, quality F&B provision
* Owners are ready for a change after 16 years

All Enquiries treated in the strictest of confidence.
Click the email box and fill in your details, call XXXXXXXXXX (Chris) or email XXXXXXXXXX obtain a confidentiality agreement and an in-depth information memorandum for this fantastic opportunity.

Contact Seller
Chris Mitchell

Bsale ID: 581240
Broker REF: 7034211

The Finn Group
Make Enquiry

Thank you, your enquiry has been sent now.