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PRIME RIVERFRONT TOWN HOTEL

   TAS
Waratah-Wynyard
North-West and West Coast Region
$850,000
$850,000
Category:   Pubs, Taverns and Bars
"LEASEHOLD INVESTMENT: $850,000 + SAV

Highly profitable country town hotel situated on a prime riverfront main road location.  

The local pub in town, the Wharf Hotel and Wharf Theatre function room have been part of the township and the locals favourite pub for over 100 years.  

The new owner will benefit from multi revenue streams from bar and bistro, accommodation, take away dining and gaming.  The adjoining Wharf Theatre building can host larger events and functions.  

Changes to the State government gaming rules from July 2023 have markedly increased flexibility and gaming profitability for the hotel operator.

* Highly profitable return for a working owner
* Bar manager in place reduces owner work hours
* Multi Revenue streams > $2.5M
* Modern tech systems and 15 well trained staff 
* Accommodation income from 22 rooms
* Manager's residence refurbished
* 20 gaming machines and Keno
* Opportunity to grow Wharf On Wheels takeaway food
* Very long lease with options in place to 2038
* Solar power installed 

Further due diligence information available for genuine buyers.

To receive a comprehensive Business Profile, please contact our office for a Confidentiality Agreement. 
All inquiries are treated in the strictest of confidence.

Click the Email box and fill in your details. 
Or call 0448 887 398 (Chris)
Or email chris.mitchell@finnbusinesssales.com.au 

FINN BUSINESS SALES TASMANIA
Website: https://tasmania.thefinngroup.com.au/"

Listing ID

58314

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