About the Business

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), Pizza@Centennial averaging 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 0448 887 398

Or email chris.mitchell@finnbusinesssales.com.au

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:

https://tasmania.thefinngroup.com.au/