Hospitality and Gaming Venue, Launceston
Hotel
ActiveHospitality & TourismTasmaniaB2C
Asking price
$499,000+
Disclosed · AUD
Revenue (est.)
~$1,752,722
Estimated · comparable listings of this type and size
Earnings (est.)
~$499,000
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.0×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Well-established hospitality venue with a full gaming offering, on the market for the first time in 18 years
- 21 EGMs, Keno and TAB betting facilities
- Solid, well-run operation with 18 years of proven trading history
- Current owners preparing for retirement, seeking new owners to bring fresh energy
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