A great freehold business (WIWO) in a wonderful historic township. With a turnover in excess of $540k (FY2010) and a very high net profit, this opportunity is well worth further investigation. The bakery is run under management with the present owners only working in the business part time.
- Very profitable, high cash flow business
- Valuable freehold real estate in the main street of town
- Vendor finance will be considered
- B&B established 20 years
- Still plenty of scope for expanding the business
- Run under management
- Benefits from both regular intercity travellers and seasonal tourists
Situated in Ross, halfway between Hobart and Launceston on Tasmania's main highway, this highly profitable, long established freehold business is now offered for sale.
The two storey Georgian sandstone guest house was convict built in 1832 as a coaching inn for travellers on the Hobart road and is now presented as a B&B and cafe/bakery.
The B&B is in excellent condition and has a 3 1/2 star rating, for its 3 ensuite rooms. There is potential to expand the business and open up a fourth bedroom or diversify into new territory if you desire. Alternatively change direction completely, enjoy the village life and follow your own particular dream.
The town has a good mix of visitors from local, interstate as well as overseas and an increased amount of tourists from Asia and the Far East.
The Cafe/Bakery runs alongside the B&B Inn and features one of Tasmania's last working wood-fired brick ovens, which also services the Inn with fresh baked goodies from the oven for breakfast.
The original coaching Inn stables have been converted into the conference/meeting room keeping its original stone walls and slate floors this venue will seat up to 25 people.