Restaurant for sale, Hobart TAS
Photos: LINK Business Brokers
About the business
A hotel with a restaurant and bistro on the East Coast of Tasmania. It has a 60-seat restaurant inside with an additional space for 30 outside, 15 guest rooms and 2 separate bars. The second bar has a stage to host live music events. It also has a bottle shop and caters for functions, weddings and Christmas parties. Fully trained staff and cooks are willing to stay on. The sale is freehold. The premises include a huge commercial kitchen, an attached residence for an owner occupier and 10+ onsite car spaces. The broker reports scope to extend subject to planning approval.
Financing calculator
An estimate, not a loan offer. Change the numbers to see what buying this business would take in cash and what the repayments would be each month.
Asking price$1,050,000
Paid by
Your cash$315,000
Secured loan, 7 years at 6.98%$735,000
Each month
Loan repayment$11,090
Repayments each month
$11,090
Over 7 years you repay $931,219, of which $196,219 is interest.
Secured on property: the RBA's average for small business new loans secured on residential property, August 2026. Lenders set their own rates and terms, and this leaves out stamp duty and fees. Source: Reserve Bank of Australia 2026.
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