This solid, clean and well-maintained hotel and accommodation, located in the heart of upbeat, arty Cygnet in Southern Tasmania, has been owned and operated by the same family for the past 28 years.
The hotel enjoys a prominent central position on the main road into Cygnet, fantastic regular local patronage that keeps the business thriving even during the winter season and stupendous trade throughout the peak tourist seasons: – Christmas, fruit picking and the famous Cygnet Folk Festival in January. Financial books are available for your perusal.
The main hotel’s many features include a family bar, bottle shop, 150 seat caf and restaurant with dance floor, a fully equipped commercial kitchen producing excellent quality in-house and take-away meals, at least 18 TV/Keno monitors, Tote room, Tas Keno facilities, pool tables, full video surveillance security system, gas and electric heating.
Downstairs the hotel has 3 revenue generating, fully equipped accommodation units with ensuites, double beds and TV; a 2 bedroom manager’s apartment with kitchen, bathroom, spa and living area; and an 80 seat restaurant with fully equipped commercial kitchen, bar and separate entrance from the main hotel.
Currently the hotel provides band entertainment on a weekly or fortnightly basis and is one of the main music venues during the annual Cygnet Folk Festival, attracting crowds from Tasmania, the mainland and overseas.
The current generation of hotel owners have fulfilled their 10-year plan in five years and are ready to devote more of their time to their young family. Don’t miss this fantastic opportunity to buy into a thriving business.
Kitchen equipment – 2 Gas stoves, Grill plate, Stainless steel working bench, 2 Deep fryers, Commercial dishwasher, 4 Freezers, 3 microwaves, 2 Bain Marie, General kitchen utensils. -$18,000.
Bar – Fridges x4, Cash Registers, 2 Plasma televisions, Bar stools, Glass ware & bar accessories, 2 Glass washers – $40,000.
Cafe- New furnishings (tables & chairs), 2 Gas heaters, 2 Leather lounges booth seating – $20,000.
Dining Room – Tables & chairs (seating for 150) – $15,000.
2 Units – TV’s, Beds, Wardrobes, Bedding – $5,000.
Security System – $12,000.