An established pub and 88-bed backpackers business is offered for sale 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, this business offers two complementary revenue streams and an established operating model.
The business comprises a character-filled pub and eatery with multiple trading areas, a commercial kitchen and outdoor seating for more than 60 patrons. Its food offering includes burgers, wings, sharing plates and traditional pub favourites, complemented by rotating independent beers and regular events. 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 supplied listing identifies Hobart, Tasmania, as the advertised location, although the accompanying business description refers to Melbourne's inner south, near St Kilda Junction and Fitzroy Street. The exact business location requires confirmation before publication.
Operating under absentee ownership, the business offers opportunities to increase food and beverage revenue through functions, private events, menu development and marketing. The backpackers operation presents further potential through accommodation pricing, direct bookings, online travel agency partnerships and tourism collaborations. Both businesses operate under a single long-term lease with further options.
The outgoing operators will provide a structured handover covering pub and hostel operations, business systems, supplier relationships and staffing arrangements. Additional support may be available for marketing, events programming and accommodation revenue management.
This established hospitality and accommodation business may appeal to experienced publicans, hospitality groups, backpackers operators and investors seeking an integrated operation.
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.
