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Business Details
  • Make no mistake, this is a magnificent opportunity to acquire one of the best Restaurants / Bar in Launceston Tasmania.
  • Situated in the angelic Cataract gorge, this business, with its Georgian cobblestone walls and rustic interior and open fireplace, will take you back to a bygone era. 
  • Well known, well reviewed, and extremely profitable this location is second to none.
  • With a modern menu with international themes and influences, combining fresh local Tasmanian produce with traditional and contemporary flavours of mouth-watering foods and fine local wines.
  • Currently run totally under management with the owner residing interstate, this business would be a significant investment for the experienced hospitality professional, or a new owner wishing to be hands on, and reside in beautiful Launceston. 
  • Business Information - 
  • Turnover in excess of $2.4 Million
  • Rental only 4% of sales
  • 20 year Lease
  • impeccable fitout and design
  • Character and beauty rarely found in a business
  • Full team of qualified staff in existence
  • Experienced Manager and Chef
  • Restaurant trades 7 days for breakfast, lunch and dinner
  • Bar area opens at 5pm daily till late.
  • Extensive equipment and fixtures list all unencumbered.
  • Sales circa $75,000 per week at peak periods throughout the year
  • This is an unbelievable opportunity to purchase a business which will offer lifestyle and profitability. 

Asking price: $680,000

$ 680,000.00
Contact Information
Contact Noel Currie
Launceston, Tasmania, Australia
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