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Backpacker / Hostel business for sale in Hobart

  • Backpacker / Hostel
  • 138 Collins Street Hobart TAS 7000
  • $5,650,000 7.5% ROI

Largest Freehold Hobart Backpackers in Prime CBD Position High Turnover & Profit

Consistent and Strong Earner, outstanding and unique opportunity in this tourist orientated state.

Significant turnover around/ approaching $1m annually, current year up 22% on same period last year, due to the sheer size of the operation, potentially 169 beds in 69 rooms, total floor area 2,776 m2, this is potential gold mine.

Run under management for the last 5 years, all staff experienced and trained.

This substantial CBD building is centrally located and provides budget accommodation for the thousands of backpackers, tourists and seasonal workers who visit the popular Tasmanian Capital.

The budget style accommodation is highly sought after as the occupancy figures will show.

An owner operator would realise the vast growth potential that exists and correspondingly reap the rewards.

Spread over 4 levels, with a variety of room configurations, male and female bathrooms, spacious reception, guest kitchen, two lounge rooms, managers quarters and 5 staff bedrooms, guest and commercial laundries.

Hard wired fire-alarms and sprinkler system throughout, booking systems,24 cameras with 3 monitors in reception surveillance system..

An easily run operation, well known and long established.

Hobart accommodation business are tightly held, contact Tasmania's foremost accommodation business brokers, Call Praveen Pant on 0432 256 682 or contact Paul Scott on 0477 771 098 email: pauls@businessbrokersnetwork.com.au 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.

Business Brokers Network Australia
Business Brokers Network Australia
Unit 8/747 Fairfield Rd
Yeerongpilly, QLD 4105

Business Highlights

Business ID2019582065
Floor AreaAsk Business Broker
Category
Last updated  23 Oct 2024
Map for 138 Collins Street Hobart TAS 7000
Map for 138 Collins Street Hobart TAS 7000138 Collins Street Hobart TAS 7000
Inspections
Documents
Business Brokers Network Australia
Business Brokers Network Australia
Unit 8/747 Fairfield Rd
Yeerongpilly, QLD 4105

Business Highlights

Business ID2019582065
Floor AreaAsk Business Broker
Category
Last updated  23 Oct 2024

Listed by

Paul Scott
Business Brokers Network Australia
Call
0477 771 098

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