Pubs For Sale in Launceston North East Tas TAS

THE SPORTING GLOBE BAR & GRILL – PLENTY VALLEY

Advert Id: 398204
  • Location: Launceston, North East Tas, Tasmania
  • Category:Pubs, Leisure & Entertainment, Food, Beverages & Hospitality
  • Asking Price:Undisclosed
  • 2400000
  • Sales revenue :$5,000,000
  • Net profit :$750,000
  • Furniture/Fixtures value :Undisclosed
  • Inventory/Stock value : Undisclosed

Business description

If venues had a title belt, this is the one wearing it.

Inside just 413m², The Sporting Globe Plenty Valley throws off around $5.0m in annual revenue and circa. $750k EBITDA under full management – the smallest footprint in the network and one of the most profitable per square metre.

This is not a sleepy suburban local. It’s a pressure‑tested, systemised, fully managed sports bar and grill in Westfield Plenty Valley, built to generate serious cashflow without demanding 70_hour weeks from its owner.

A BRAND THAT TALKS BEFORE YOU EVEN SAY HELLO

You’re not buying an idea. You’re buying “Australia’s most loved Sports Bar & Grill” in a centre where it is the undisputed home of sport.

Over 50 screens. Private booths. Modern Australian pub classics. AFL, NRL, NBA, NFL, UFC and major international events LIVE & LOUD.

Backed by national marketing, national promotions and a franchise system that already knows exactly what works. Guests recognise the brand, know the menu and understand the promise the second they see the logo.

WHY THIS VENUE HITS DIFFERENT

1. A LOCATION THAT PRINTS FOOT TRAFFIC

  • Front_row tenancy at the Westfield Plenty Valley railway station entry – you literally catch people as they walk back from the CBD and major stadium events.
  • Part of a major regional centre on Melbourne’s northern fringe, with strong visitation & a growing trade area behind it.
  • Surrounded by gaming_led pubs, Plenty Valley stands alone as the contemporary, non_gaming sports entertainment venue of choice.

You’re not hidden down a side street hoping to be found. You’re first cab off the rank.

2. A MARKET THAT LOVES TO SPEND

  • Established, family_heavy, high home_ownership catchment.
  • Predominantly white_collar workforce, high repeat visitation, resilient local demand.
  • This isn’t a “maybe we’ll go there” crowd _it’s a “this is our local” crowd.

The customer base has both reason and means to come back, again and again.

ENGINEERED TO RUN UNDER MANAGEMENT

This isn’t a personality_driven venue; it’s a playbook_driven one.

Sporting Globe Plenty Valley operates as a fully systemised, managed business under the national franchise model, with no requirement for day_to_day owner presence. A clearly defined leadership structure covers:

  • Compliance and venue operations
  • Kitchen efficiency and BOH labour
  • Functions and business development
  • Service standards and guest experience

The result: consistent standards, tight labour control and a venue that has repeatedly proven it can produce big numbers inside a compact footprint. You step into the driver’s seat of a machine that’s already running.

THE NUMBERS THAT ACTUALLY COUNT

These are the kind of numbers you build a strategy around.

Current performance  _ fully under management

  • Annual revenue: $5.0 million+
  • Normalised EBITDA (after standard add_backs): around $750,000

Now the bit most listings never talk about:

Monthly EBITDA doesn’t lurch from hero to zero _ it sits in a tight, controlled band for eleven months of the year, then spikes when December and the sporting calendar go into overdrive.

That’s not just profit, that’s pattern.

Predictable, bankable cashflow _ the kind you can comfortably gear against, plan around and sleep on _ not the white‑knuckle rollercoaster you get in venues that rely on luck, liquor and the weather.

DEMAND THAT OUTGROWS THE ROOM

Plenty Valley isn’t hoping for customers. It’s turning them away.

  • Balanced trading across all seven days, with strong weekends and solid mid_week.
  • Waitlists on peak days _ in a venue this size, that’s a feature, not a bug.
  • Loyalty members and regulars fill the diary; daily specials and live sport fill the gaps.

On top of food and beverage, you get:

  • Strong TAB wagering performance and in_play betting
  • High transaction values across bar and bistro
  • Incremental income from pool table revenue

All of which can be sharpened further thanks to identified pricing headroom on both food and beverage. It’s a rare combination: more demand than seats, and room to move on margin.

LEASED, LOVED AND LOOKING SHARP

Held under a long_term lease in Westfield Plenty Valley, the venue’s rent is aligned to current revenue levels and supported by a strong landlord relationship.

A rolling upgrade program has already taken care of the heavy lifting:

  • AV, lighting and RGB “change the room with the game” atmosphere
  • Custom graphics and refreshed furniture and layout
  • Key kitchen and bar equipment replacements

There is no backlog of “one day we’ll fix that” capex lurking in the background. And when a future refurb eventually comes due, the 413m² footprint means the cost to refresh is materially lower than big_box venues _ reinforcing just how capital‑efficient this business really is.

FOR OPERATORS WHO LIKE THEIR RETURNS TIGHT AND TIDY

This opportunity is built for experienced hospitality operators, multi_site groups and serious buyers who want:

  • A nationally recognised sports bar brand
  • Fully managed operations from day one
  • High revenue and EBITDA inside a compact, efficient box
  • A venue with more demand than seats and more systems than headaches

If you’re looking for a business where the systems are built, the demand is proven and the upside is all about how you choose to run it _ this is it.

PRICE & CONFIDENTIAL ENQUIRY

The Sporting Globe Bar & Grill – Plenty Valley _ 415 McDonalds Road - Mill Park Vic 3082

Offered for sale via Expressions of Interest, plus stock at valuation.

For further information or to request the detailed Information Memorandum, contact:

Rob Clifford                [Phone Number Censored]

Nathan Lihari              [Phone Number Censored]

Martin McEvoy           [Phone Number Censored]

THE 413m² HEAVYWEIGHT

THE VENUE YOU BUY FOR WHAT IT IS _

AND WIN ON WHAT IT BECOMES.

 

  • Lease Terms: Long secure Lease.
Boston Brokers

Enquire Now

5 + 4 = ?

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