Iconic Waterfront Bar & Cafe For Sale $200,000+SAV

Price

$200,000

Profit *

$130,000

Sales Revenue

$720,000

Location

Tasmania, Hobart & Southern

Category

Bars/Nightclubs, Restaurant

Listing #

TA00211

Hobart & Southern Restaurant Business for Sale
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Hobart & Southern Restaurant Business for Sale
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About this business for sale in Tasmania, Hobart & Southern

This is a fantastic opportunity to purchase a successful Bar & Cafe with an outstanding reputation located in Hobarts tightly held waterfront precinct. 

Thus business was established in 2016 and is now acknowledged as one of Hobart's best bars serving some of the cities best spirits and cocktails.

Operating during the day as a busy cafe catering to local office workers and tourists before turning into One of Hobart's finest Bars, making optimal use of its fantastic location.

This is a fantastic opportunity for an astute operator to secure one of Hobarts best bars in a prime location.

  • Great lease in place with excellent rent for the location
  • Fantastic potential for functions and events
  • Twice nominated for the Tasmanian bar of the year
  • Quality plant & equipment and fit out
  • Perfectly located just metres from Hobarts finest hotels
  • The business has seen significant growth in the last 2 years

 

A comprehensive information memorandum has been prepared for this business. An inspection of the business is highly recommended.

 

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND INQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

Mark Bent
TA00211
Phone: +61 3 6135 4446
Mobile: +61 0417 357 037
Email: [email protected]

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

To find out more, complete an online confidentiality agreement by clicking the button below.

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For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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