LINK Business Brokers Australia

About this Business for sale in Hobart

The Cannery is one of Tasmania's most popular regional restaurants, specialising in Seafood, the Cannery is a must-visit for tourists and locals alike. Located in Dunally a 50-minute drive from Hobart on the world-famous Tasman Peninsula home to Tasmania's most popular Tourist attraction (Port Arthur Historic Site) the business is perfectly located to take advantage of the thousands of tourists that flock to the area annually.

The Restaurant can comfortably seat 100 inside and 30 outside. There are also 2 large rooms currently unused which are part of the lease that could be developed into function spaces a Micro Brewery or distillery.

There is a marina development with accommodation approved for construction directly adjacent to the Cannery, with work starting in late 2022. This will only add to the potential of this fantastic business.

This is a fantastic opportunity to take advantage of the hard work put in by the current owners and to take The Cannery to the next level.

Some key aspects of the business are.

 

  • Currently trading 5 days a week for lunch and two nights for dinner leaves massive scope for growth by simply extending opening hours
  • Amazing social media presence 6.6k followers on Facebook with a rating of 4.9
  • Fantastic long lease with cheap rent
  • Heaps of parking available with the ability to cater to tour groups

 

 

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

Mark Bent
Phone: +61 3 6135 4446
Mobile: +61 0417 357 037
Email: mark.bent@linkbusiness.com.au

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​

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*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.

Listing: #TA00188
Price: Refer to broker
Profit*: Refer to broker
Sales Revenue: Refer to broker
Hobart - Greater Area, Hobart
Food/Hospitality, Restaurant
*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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