Historic Country Hotel Business Food Keno Bar Asking $215,000+sav Long Lease

10 days ago

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Summary

Historic Country Hotel Business Food Keno Bar Asking $215,000+sav Long Lease

About the Business

Country Club Hotel - Longford, Tasmania

Positioned on the busiest road into the vibrant township of Longford, the Country Club Hotel offers an outstanding opportunity to purchase a well-established leasehold hospitality business with diversified income streams and excellent growth potential.

Originally built circa 1820, this iconic hotel has been tastefully upgraded while retaining its country charm and character. The venue features an attractive bistro, public bar, comfortable lounge, recently renovated outdoor entertaining deck, and a popular pet-friendly dining area. The hotel is also well known for its collection of motor racing memorabilia and nostalgic displays.

Located approximately 20 minutes from Launceston, the business enjoys strong local support and passing tourist traffic.

Business Highlights
Monthly revenue in excess of $55,000
Long lease in place until 10 September 2039
Prime high-exposure corner position
Multiple revenue streams from:
Bar sales
Bistro
Keno
Accommodation on-site is subleased to a local berry farm, providing a consisten income of $65,000 per annum.
Experienced team of staff in place
Two owners currently work approximately 25 hours per week
Well-presented premises in good condition

There is excellent potential for a motivated operator to further increase revenue by expanding the food offering, introducing additional entertainment and events, and continuing to build on the hotel's strong local reputation.

Whether you're an experienced publican, hospitality operator or looking to enter the hotel industry, this historic country hotel presents an affordable opportunity to acquire an established business in one of Northern Tasmania's most desirable regional towns.

Enquire today for further information and a confidential Information Memorandum.
Phone Praveen Pant 0432 256 682 or via email: [email protected] or Paul Scott at 0477 771 098 INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. NOTE: All figures are approximate.

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