Food, Beverage & Hospitality business for sale in Kingston
- Food, Beverage & Hospitality
- 2 Beach Road Kingston TAS 7050
- Offers over $727,000
THE SALTY DOG Hotel - Prime location - Business Leasehold For Sale
The Salty Dog Hotel is a classic 1970s beachside pub at Kingston Beach, TasmaniaHobart's most popular recreational beach just 10 minutes from the Hobart CBD.
Boasting a beachside bar and restaurant with a large North-facing beer garden serving casual food and drinks with entertainment in a friendly environment for everyone.
The Salty Dog Hotel opened in March 2016 and immediately activated the beachside strip. It has built a strong reputation and a loyal following with the local community and visitors to the beach. It provides a fresh and relaxed playfulness characterised by the 1960's and '70's beach-side vernacular of cars, skates and surf. The best tongue in cheek hairstyle to describe this is the 'mullet' business out the front, party out the back.
The Salty Dog Hotel provides three distinct dining, drinking and entertaining spaces:
The Restaurant Dining room has uninterrupted views of the beach and offers all day dining
The Saloon Bar is a truly multi-functional space with a dance-floor, wood heater and access to the beer garden. 'Sunset Sessions' on Friday nights and 'Salty Sundays' on Sunday afternoons
The Beer Garden includes a covered deck area, outdoor wood heater, sandpit, kitchen garden and multiple seating options on the lawn.
Standout location on Kingston Beach
$650,000 spent on leasehold improvements, plant, equipment & furniture
Well-known brand with loyal patronage
Restaurant, Saloon Bar, Beer Garden
Year on year growth in sales of over $2 million
Long lease term with currently 16 years remaining
Currently generating a Gross Profit or 67%
For Sale by negotiation with offers over $700,000
The Salty Dog Hotel, don't be salty about missing out on this one!
A comprehensive Information Memorandum has been completed for this business; contact me today for a confidential discussion.
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|Last updated||23 Jan 2020|