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DealProspect/Listings/Food & Beverage

Leasehold Gaming Pub with Bistro, Launceston

Restaurant

ActiveFood & BeverageTasmaniaB2C
Asking price
$499,000 + stock
Disclosed · AUD
Revenue
$2,600,000+
TTM
Earnings (est.)
~$507,000
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple
n/a
Stock is extra · value not stated

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