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DealProspect/Listings/Hospitality & Tourism

Leasehold Launceston Pub, 21 EGMs, Keno & TAB

Hotel

ActiveHospitality & TourismTasmaniaB2C
Asking price
$400,000
Disclosed · plus stock · AUD
Revenue
$2,600,000
TTM
Earnings (est.)
~$358,433
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple
n/a
Stock is extra · value not stated

Brief

A leasehold Launceston pub on the market for the first time in 18 years, carrying a full gaming entitlement of 21 machines alongside Keno and TAB and a bistro the vendors see as the main growth lever. The retiring owners are asking offers over $400,000 plus stock and gaming floats, and the headline turnover runs above $50,000 a week.

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