97 York St Launceston TAS 7250
$150,000 WIWO

DESCRIPTION

Looking for a lifestyle change in Tasmania? This one is for you..
Become your own boss & part of the buoyant small business community in Launceston - UNESCO City of Gastronomy.
Currently operating only 2 nights a week as the owner's hobby, this business has much untapped potential for someone looking for the hospitality lifestyle - drinking, dancing and fun.
Existing owners only work limited hours in/on business.
Started during the Tasmanian state lockdown, the mostly retired owners now wish to return to travelling and their other interests.
This business is being offered freehold going concern or leasehold WIWO with all stock and fittings included.
Excellent opportunity to expand the business - earn more income / boost turnover by increasing operating hours, utilising unused space or growing the food & functions offering.
Loyal clientele, including locals & tourists.
Premises offer the opportunity for capital growth and further development.

• Trading since August 2020
• 107m2 ground floor strata premises in Launceston TAS CBD zoning with two street access.
• In place liquor license with 7-day trading.
• In place liquor after-hours permit allowing to 2 am trading Wed - Sun.
• In place strata by-law for additional use of separate, adjoining store room.
• 4 tap commercial beer system with an ice block, chiller and custom mini cool room for 4 kegs.
• Dual square POS system, including cash register and printer.
• 2 air conditioners in place with external ducted fresh air.
• Electronic dance floor unique to the state.
• Music and video system for playing all the 80s hits.
• 8 classic arcade games, including an original 1979 Midway Space Invaders.
• Seating for approx 48 patrons.
• Good online socials with nearly 1000 Instagram followers and 4000 Facebook followers.
• Good relationships and accounts with local suppliers for easy ordering.
• Full financials available to qualified potential buyers.

Freehold going concern or leasehold sale.

Business is for sale at $150,000 wiwo. Enquire for Freehold going concern sale price.

Call our professional business brokers today for an inspection. Call Praveen Pant on Reveal Phone or contact Paul Scott on Reveal Phone email: Send Message INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES 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: All figures are approximate.

Property Code: 1129