Skip to main content

Accommodation & Tourism business for sale in Launceston

  • Accommodation & Tourism
  • Launceston TAS 7250
  • $200,000 plus SAV. Prime location on main road.

Excellent Diversified Revenue Mix - NEW PRICE

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), PizzaCentennial 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

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/

Business Highlights

Business ID2018952948
Floor AreaAsk Business Broker
Category
Last updated  4 Mar 2024
Map for Launceston TAS 7250
Map for Launceston TAS 7250Launceston TAS 7250
Inspections
Documents

Business Highlights

Business ID2018952948
Floor AreaAsk Business Broker
Category
Last updated  4 Mar 2024

Listed by

More Accommodation & Tourism businesses for Sale in Launceston

FREEHOLD $4,998,000
Launceston TAS 7250
Accommodation & Tourism
Offers Over $450,000+SAV
147 Paterson Street Launceston TAS 7250
Accommodation & Tourism
$200,000 (GST na)
Launceston TAS 7250
Accommodation & Tourism