The Crescent Hotel North HobartListing: #TA00117
About this Business for sale in Hobart & SouthernThe Crescent Hotel North Hobart
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"
Ph: 03 6135 4446
Mob: 0427 770 770
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
+61 3 6135 4446
+61 427 770 770
*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.