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Acquisition opportunities for serious investors. These are businesses LINK Corporate has been mandated to divest and typically have enterprise values in excess of $1 million.


Magnificent Hotel Showing F/hold 28.5% ROI

Accommodation/Tourism, Hotel

North East Tasmania

$1,400,000

Paul Scott

+61 2 9899 1999

+ 61 477 771 098

#TA00028


The hotel is a credit to its owners, every aspect of this hotel is exemplary,presentation is beyond reproach,  every detail has been attended to, any future owner could be confident in little or no expenditure on R&M.

The owners have fined tuned the net profit, to enable an adjusted net in excess of $400k, by being hands on, installing solar panels,by concentrating on the profitable areas such as accommodation, food and bar and closing the bottle shop.

This imposing land mark hotel is in the most prominent position, heritage listed, is fondly known by all, it has been providing cold beer, warm hospitality, great food for locals and travellers alike, for many years.. 

Comprising a spacious public bar, dining room, gaming lounge with 10 machines, large function room known as the Stronach Room, commercial kitchen, 16 hotel accommodation rooms of a high standard, 4 luxurious motel rooms and cosy managers flat, in house guest lounge, large colourbond garage on 2674 m2

The hotel is of brick construction,circa 1911, galvanised iron roof, with 10kw solar system.

The most salient feature of this hotel is the adjusted net return on investment of 28.5%, as a FHGC, there is potential to increase the accommodation occupancy with the adoption of third party booking web sites, promote the venue for functions, events and special occasions, and extend the trading hours.

The owner will consider a 20 year lease to an experienced operator who can demonstrate a successful past history.

If you have been looking for a profitable hotel, in very good order, in a great location, then this would measure up.

Listing #TA00028
Broker: Paul Scott
Ph: 0477 771 098

To complete an online confidentiality agreement visit this business at: http://www.linkbusiness.com.au/TA00028

THE PURCHASER TO MAKE HIS/HER 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.