The Crescent Hotel North Hobart

Price

$2,479,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Tasmania, Hobart & Southern

Category

Bars/Nightclubs

Listing #

TA00117

Hobart & Southern Bars/Nightclubs Business for Sale
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About this business for sale in Tasmania, Hobart & Southern

A North Hobart "institution", The Crescent Hotel is offered for sale.

 

Featuring a high profile corner position close to the burgeoning North Hobart restaurant strip, The Crescent Hotel represents a thriving traditional inner suburban hotel business with scope to add value.

 

Improvements comprise ground floor hotel premises (bar, dining, commercial kitchen) with a stylish first floor apartment that sleeps 10, and large external deck area featuring expansive views. The site incorporates extensive on-site parking, a rare feature for an establishment in this area.

Specialising in quality pub food at conservative prices, the Crescent provides an exceptional opportunity to enter the North Hobart food-hospitality scene "as is", or alternatively diversify and pursue an alternate business model (STCA).

 

To enquire on this business please click "enquire now"

 

Nawwar Alshawi
TA00117
Phone: 03 6135 4446
Mobile: 0427 770 770
Email: [email protected]

 

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

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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