Waterfront venue in Hobart, Tasmania

5 days ago

Private Seller

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Matthew Hidding
 

Summary

Rare 10yr waterside venue on Hobart’s Bellerive Quay! Turnkey setup, long lease (4+5 yrs), run Belles Burgers or rebrand. Massive growth via nearby new Ferry Terminal. Huge expansion potential.

Location Details

Premium waterside location on the Bellerive Quay. Growing area with new mullti million dollar ferry termnal being built 50M away

Potential

A rare opportunity has arrived to secure a premium, established dining venue in the heart of the highly sought-after Bellerive Quay precinct. Trading successfully for 10 years, this venue offers a rock-solid foundation for an experienced operator or ambitious entrepreneur to step into a profitable, turnkey setup on Hobart's bustling Eastern Shore.
Whether you choose to continue running the highly popular Belles Burgers brand or bring your own bespoke culinary concept to life, this premier waterside spot is primed for immediate success.

Skills

Currenlty run under managment it would suit someone with hospitality experience to work in the business to grow and be succesful

Hours

Only 6 evenings and 2 lunches per week.

Lease

4 years left with another 5 year option

Employees

1 FT 2PT 3 casual

Reason for Sale

Concentrating on other business interests and downsizing the company

About the Business

Premier Waterside Restaurant / Bar Opportunity – Bellerive Quay, Hobart

A rare opportunity to secure an established dining venue in the heart of the Bellerive Quay precinct. Trading successfully for 10 years, this turnkey setup offers a rock-solid foundation on Hobart’s Eastern Shore for an experienced operator or ambitious entrepreneur. Buyers can continue running the popular Belles Burgers brand or bring a new culinary concept to life.

Key Highlights:

Prime Location: Picturesque boardwalk views, high visibility, and strong local goodwill built over a decade.

Fully Fitted: Complete commercial kitchen, stylish dining setup, and turnkey operations.

Secure Tenure: New lease with 4 years remaining on current term plus a 5-year option (9 years total security).

Significant Upside: Currently running on a lifestyle schedule (6 evenings, 2 lunches weekly). Immediate potential to boost revenue by expanding to 7-day lunches, weekend breakfasts, or afternoon drinks.

Major Growth Driver: Located just 50 metres from the multi-million dollar Bellerive Ferry Terminal upgrade, ensuring an influx of daily commuters, CBD travellers, and tourists.

Financials, P&L summaries, and an asset list are available upon signing a Confidentiality Agreement.

History

We have been in operation for 10years at this site and built up a loyal following of regulars.

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