Award Winning Freehold Accomodation, Pub & Restaurant in Tasmania's South West WildernessListing: #TA00195
About this Freehold Going Concern for sale in Hobart & SouthernAward Winning Freehold Accomodation, Pub & Restaurant in Tasmania's South West Wilderness
Mountain Bikers, Retreat Owners, Retirees, Outdoor Adventurers, and Investors this one is for you.
Close to some of Tasmania's most visited and sought-after mountain bike trails is where this award-winning accommodation, pub, and bar is situated.
Nestled in the heart of the Tasmanian wilderness and close enough to the nearest city, Giants Table is a hidden gem, providing rustic, family-friendly accommodation in Maydena with full river frontage including 8 fully equipped cottages plus a managers' residence and large storage shed built on 3.31 hectares.
Originally developed as a small village it is great for groups, accommodating up to 63 patrons in a refreshing atmosphere of country living and can accommodate up to 110 visitors within the pub and restaurant area.
Your fresh ideas and love for the outdoors combined with an entrepreneurial spirit is the perfect recipe to take full advantage of the vast surrounding property bordering the beautiful Tyenna river, to expand the current operation or to continue successfully operating the business as is.
Recently upgraded, with a fresh new look inside and out the accommodation attracts local visitors, adventurous mountain bikers, bird-watching groups, bush lovers, schools, and tourists, providing clean, neat accommodation in a serene and tranquil setting with options for self-catering or a meal in the pub and restaurant with comfortable accommodation on-site for the owners and their guests.
The pub and restaurant achieve good turnovers, and a healthy profit even though the covid period making this a lifestyle business to consider.
Further highlights include,
- Potential for future development (STCA)
- Future bookings till June 2022
- Maintained a 73% occupancy rate during Covid ( Jan - June 2021)
- Positive reviews on Google
- Multi-Award Winner of several awards from Hotels.com, Restaurant Guru, TripAdvisor -Travellers Choice
- Super host status achieved through Airbnb - April 2021
This is a lifestyle business if there ever was one, feel your stress dissipate as you leave behind the hustle and bustle. You'll be delighted to see local platypus frolicking in the water as you wander down to the Tyenna River bordering the property
Tasmania is quickly becoming known as a world-class destination for Mountain Bike Riding. Take advantage now of this idyllic lifestyle change that pays you to stay while you put your creative business ideas to work.
For more information or to arrange a visit contact me.
A comprehensive information memorandum has been prepared for this business.
Prospective purchasers are encouraged to carefully consider this opportunity which is positioned for further success.
Broker: Brenda Tsiaousis
Mobile: +61 0405 348 932
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES CONCERNING 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
+61 405 348 932
*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.