Leasehold Gaming Pub with Bistro, Launceston
Restaurant
ActiveHospitality & TourismTasmaniaB2C
Asking price
$499,000+
Disclosed · AUD
Revenue
$2,600,000+
TTM
Earnings (est.)
~$464,100
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.1×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Leasehold hospitality venue in Launceston with 21 EGMs, Keno, and TAB gaming, offered to market for the first time in 18 years
- Spacious bistro, bar, and beer garden with seating for approximately 140 patrons
- Currently trading six days per week with popular weekend DJ nights
- Two floor supervisors form part of the staffing structure
- Long lease in place with a supportive landlord; upstairs space available for further development
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