Iconic Longford Pub Multiple Income Streams Leasehold Business $60,000+ Monthly Turnover
Iconic Longford Pub Multiple Income Streams Leasehold Business $60,000+ Monthly Turnover
Industry :
Accommodation/TourismSub Industry :
HotelAn outstanding opportunity to acquire the leasehold interest of one of Longford's well-known and family-friendly hospitality venues.
The Blenheim Inn has built a strong reputation within the local community and continues to attract regular patrons, tourists and visitors alike. Offering multiple revenue streams and an experienced team already in place, this business provides an excellent platform for a hands-on operator or hospitality couple looking to build on an already successful operation.
Business Highlights
Multiple income streams including:Licensed bar, Restaurant, Bottle shop
Well-established and recognised local venue
Family-friendly atmosphere with loyal local clientele
Experienced team of chefs, cooks and front-of-house staff in place
Current owners are non-working owners
Trading 7 days per week
Lunch service: 11:00am 2:00pm
Dinner service: 5:30pm 8:00pm
Popular live music every Friday night
Approved for Keno
Long lease up to 30 September 2040
Owner advises a new operator may wish to investigate obtaining Electronic Gaming Machine (EGM) entitlements (subject to regulatory approvals)
The current owners have only recently expanded operations to seven-day trading, providing further opportunity for a motivated purchaser to continue growing revenue. With the business operating under management and an experienced team handling the day-to-day operations, the foundations are already in place for a smooth transition.
Whether you are an experienced publican, hospitality professional or a family looking to operate your own country hotel, the Blenheim Inn presents an affordable opportunity to enter Tasmania's thriving hospitality sector.
Growth Opportunities
Expand entertainment and event nights
Increase marketing and social media presence
Capitalise on growing tourism through the Northern Midlands
Further develop food and beverage offerings
Build on the recently introduced seven-day trading model
Opportunities offering an established venue, diversified income streams and a loyal customer base at this price point are becoming increasingly difficult to find.
Price: $115,000 + SAV
Approximate stock at value: $15,000$20,000
For further information or to arrange a confidential inspection, contact Tasmanian Business and Property Sales today.
For further details phone Praveen Pant on 0432 256 682 or email pauls@businessbrokersnetwork.com.au or 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; Please Note: All figures quoted are approximate
Queensland
Australia
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$115,000 +sav
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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