Motel and accommodation for sale, Hobart TAS
Photos: LINK Business Brokers
About the business
The Pickled Frog is a hostel located in the Hobart CBD, Tasmania. It is sold as freehold and business, on a 1100 SQM block with a guest car park. The lease is 16 years, 1 + 5 + 5 + 5. Only one staff member is on at a time, and all staff have been paid as casuals. Plant and equipment are included. It holds a liquor licence. A natural gas system for hot water was installed 4 years ago. The broker reports it was the No. 1 hostel in Tasmania 6 of the last 7 years and that revenue has increased every year.