5 Businesses for Sale in Hobart Worth Considering This Spring
5 Businesses for Sale in Hobart Worth Considering This Spring
The picturesque and nature-filled capital city of Tasmania, Hobart, is a place where culture and tradition thrive. A place where business owners can grow and take advantage of the dining, tourism and cultural experiences that Hobart has to offer. With Spring just starting, it's a great time to take advantage of the upcoming busy seasons of Christmas and New Year and look at the businesses for sale in Hobart.
Tasmania is home to many business owners and there are opportunities available to buy a business for sale in Hobart. With 97% of all business owners being in the small business sector and boasting the highest rate of business survival in the entire country buying a business for sale in Hobart could be a great investment.
Hobart is a city that is expecting growth in the coming decades and is planning for it with the Greater Hobart Plan, which the Greater Hobart Committee has adopted. This plan for the next 30 years will see the focus placed on the infrastructure of the region and "assist the development of transport, housing and employment centres and how they relate to each other in the long term." Greater Hobart Committee
A statement by Guy Barnett, Minister for State Development, Construction and Housing, has stated, "This approach will allow us to prepare for business and employment growth, guide recreation and environmental management and increase climate resilience."
Business owners in Hobart may be the entrepreneurs who hold the most amount of power, voting-wise, than in any other region in Australia. A media release by the Tasmanian Small Business Council on 6 September 2022 indicated that business owners in Hobart might be eligible to vote twice in the council elections.
"The mechanism is the General Managers Roll where everybody who is a ratepayer, through any means or proxy, may enrol to vote in their local government elections. This enables business owners in Hobart to vote for the Hobart City Council even though they may live in West Tamar. Also, you may live in Glamorgan Spring Bay and own a business in the same municipality, you may vote twice."
Buying a Business for Sale in Hobart?
If you are looking to buy a business for sale in Hobart, it is worthwhile to check in on the Business Tasmania website to see the funding opportunities available. One of the most popular categories in the region are cafes for sale in Hobart.
Notably, the Small Business Advice and Financial Guidance Program is open for applications until May 2023 and provides provide eligible small businesses with access to specialist financial services and/or business support to assist in business recovery, transition, growth, or application of other management strategies.
The Business Tasmania Event Calendar might be useful to plan for upcoming workshops and seminars to allow you to connect with other business owners and expand your tools to grow your business.
5 Businesses for Sale in Hobart Worth Considering This Spring
1. Reputable Auto Electrician Business Trading 30+ Years in Hobart
Price: $429,000
A highly reputable auto electric repairs and installations business established in 1984 is for sale in Mornington in the Hobart LGA. This business boats an impressive annual turnover of over $750,000 with consistent annual growth.
- Easily accessible workshop, centrally located in Mornington's industrial sector, Tasmania.
- Providing complete auto electric services to the Eastern Shore and greater Hobart area.
- Operating 5 days only, Monday to Friday 8am-5pm with a long-standing customer base.
- Qualified team of licensed auto electricians and technicians, combined experience of 60+ years
- Fully equipped state-of-the-art workshop with a long and secure lease of 5+5+5
2. Well-known North Hobart Restaurant Business for Sale
Price: $250,000
The business, when opened, activated the North Hobart strip with its upmarket street frontage, stunning interior, and mind-blowing modern take on middle eastern food.
- Monthly rent & outgoings $4,171.41
- Stunning interior-designed restaurant
- 40-seater restaurant in North Hobart with a liquor licence
- Lease options through to 2025 with 5 +5-year options
- Experienced team in place; the current owner does not work in the business
- Currently operates 4 nights a week for dinner
- 2021 Net Profit (PEBITDA) $94,605 (4 nights a week of trade)
3. News Extra - Newsagency, Lotto And LPO Business for Sale in Hobart
Price: Leasehold $550,000
This long-standing Newsagency and Licensed Post office is located in a busy shopping centre with Coles and K-Mart as the anchor tenants.
- Regular foot traffic
- Currently trading 6 days per week with the possibility of extending trading hours
- Experienced and reliable staff in place to help with a transition
- Ideal opportunity for a couple
- A computerised point of sale system
- Parcel pick up through Australia Post
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4. Popular Italian Restaurant With Thriving Takeaway Pizza Trade
Price: $285,000
This popular suburban restaurant is located in one of Hobart's Best suburbs and enjoys a fantastic reputation with locals for its great value restaurant meals and its fantastic takeaway pizzas.
- Well-established and solid business with excellent trading history
- Amazing location with very little direct competition
- Potential to increase opening hours
- Competitive rent with a good lease available
- Excellent online reviews across all platforms
- Experienced and capable staff in place
- COVID proof due to fantastic takeaway trade with delivery available
> Restaurant for Sale Tasmania
5. Live Life Natural Therapies And Heath Store for Sale In Hobart TAS
Price: $170,000
For over 20 years, Live Life has provided local Tasmanians with excellent service and products from the health foods industry. Live Life has loyal clientele from the local community and practitioner patients. With vendors ready to retire, this business is well worth an inspection.
- Trained staff.
- Low rent with long-term lease
- Neat, well-laid storefront with ample room for storage.
- Rental income from private practitioner rooms above the shop
- Enjoyable working environment
- Supportive neighbourhood.
- Turnover in 2022 - $404K
Tags: hobart tasmania buying a business listicle
About the author
Catherine Mangana
Customer Support
Catherine enjoys generating articles that highlight some of the opportunities that are now available for purchase on Bsale. She hails from a family of ...
