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
More hospitality & tourism businesses for sale
- Destination Restaurant & Events Venue – Coffs Coast, NSWFunction & Event Venue · New South Wales · $300,000
- Management Rights – Noosaville, QueenslandManagement Rights · $2,900,000
- Freehold Caravan Park – Charleville, QueenslandHoliday Park · $1,950,000
- Cafe – Pakenham, VictoriaCafe · $98,000
- Bubble Tea Business – Footscray, MelbourneCafe · Victoria · $250,000
- Soul Origin Cafe – Gold Coast Shopping CentreCafe · Queensland · $390,000
- Licensed Restaurant – Wivenhoe, TasmaniaRestaurant · Wivenhoe, Burnie · No Ingoing
- Red Rooster Franchise – Northern AdelaideTakeaway · Adelaide (Northern Suburbs) · Price by Negotiation