PRIME RIVERFRONT TOWN HOTEL TASMANIA

PRIME RIVERFRONT TOWN HOTEL TASMANIA

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Location Details :

Country

Australia

State

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City

Wynyard


Industry :
Professional - Brokerage ;

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

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About the business

LEASEHOLD INVESTMENT: $850,000 + SAV

Highly profitable country town hotel situated on a prime riverfront main road location.

The local pub in town, the Wharf Hotel and Wharf Theatre function room have been part of the township and the locals favourite pub for over 100 years.

The new owner will benefit from multi revenue streams from bar and bistro, accommodation and gaming. The adjoining Wharf Theatre hosts larger events and functions. The kitchen also enables additional take away dining food promoted through "Wharf On Wheels".

Changes in State government gaming rules in 2023 will increase gaming profitability between 25% - 50%.

* Highly profitable return for a working owner
* Multi Revenue streams > $2M
* Modern tech systems and 15 well trained staff
* Accommodation income from 22 rooms
* Manager's residence refurbished
* 20 gaming machines and Keno
* Opportunity to further grow Wharf On Wheels takeaway food
* Very long lease

To receive a comprehensive Business Profile, please contact our office for a Confidentiality Agreement. All inquiries are treated in the strictest of confidence.

Click the Email box and fill in your details.
Or call 0448 887 398 (Chris)
Or email chris.mitchell@finnbusinesssales.com.au

FINN BUSINESS SALES TASMANIA
Website: https://tasmania.thefinngroup.com.au/

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