An established pub and 88-bed backpackers business is offered through a private Expressions of Interest campaign, with reported annual turnover exceeding $5 million and net profit of $500,000–$2.5 million. Combining hospitality and accommodation operations under one leasehold, the business offers two complementary revenue streams, absentee ownership and an established trading history of 40 years.
The business comprises a character-filled pub and eatery with multiple trading areas, an outdoor area accommodating more than 60 patrons and a fully equipped commercial kitchen. Its food and beverage offering includes independent beers, burgers, wings, sharing plates and traditional pub meals, supported by events and function bookings. Above the pub, an operational 88-bed backpackers business provides dormitory and room accommodation for international travellers, working holidaymakers, students and short-stay visitors.
The listing is advertised under Canberra, Australian Capital Territory. However, the supplied business description identifies the premises as being in Melbourne's inner south, near St Kilda Junction and Fitzroy Street. The correct location requires confirmation before publication.
Operating under absentee ownership and described as being under full management, the business offers opportunities to develop food and beverage sales, expand functions and events, improve accommodation yields and strengthen digital marketing. Further growth potential includes direct accommodation bookings, online travel agency partnerships, tourism collaborations and increased spending by backpackers guests at the pub. Both operations are covered by a single long-term lease with further options.
The outgoing operators will provide a structured handover covering day-to-day pub and backpackers operations, business systems, supplier relationships and staffing arrangements. Additional support may be available for marketing, events programming and accommodation revenue management.
This dual-operation business may appeal to hospitality groups, experienced publicans, accommodation operators and investors seeking an established hospitality and tourism enterprise.
Qualified buyers are invited to submit confidential Expressions of Interest and request the Information Memorandum, financial information and inspection arrangements, subject to execution of a Confidentiality Agreement.
