11 Franklin StreetSwansea TAS 7190
Property Details for 11 Franklin St, Swansea
Last Listing description (February 2025)
This is a brilliant opportunity, because the business is in a superb location on the Tasman Highway on the ocean side of the road at Swansea, VIEWS TO Kill FOR. Panoramic views of Great Oyster Bay and the Hazards. No need to advertise when you have a location such as this. Situated on the wine route and one of the busiest tourist routes in the state.
This successful business is thriving, situated on a prime tourist route, yet has potential to do more.
Highly profitable, with a turnover in excess of $1m per annum. Income is derived from a combination of licensed restaurant, cafe and takeaway food sales. A working couple will enjoy an adjusted net profit in excess of $280,000, plus more.
Long established, operating Now, new owners will make money from scratch, get in now and enjoy the peak tourist season.
Modern premises, which seats 50 indoors and another 50 plus on the deck. There is a designated Takeaway food and restaurant area, separated by a well equipped commercial kitchen.
Local cuisine, Seafood, Australian, Vegetarian friendly, Vegan options, Gluten free options, offering pizzas, burgers and interesting dishes, with a comprehensive range of wines specialising in Tasmanian wines and spirits.
Experienced and trained staff in place, operating only 52.5 hours per week.
This truly is a once off opportunity, beautiful ocean setting, lifestyle change choice, financially rewarding. All aspects of this business are positive, no downsides, fastidious buyers welcome.
Rated 4 on Trip Advisor rom 960 reviews.
Call Praveen Pant on 0432 256 682 or contact Paul Scott on 0477 771 098 email: pauls@tasbps.com.au/ praveenp@tasbps.com.au INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.
NOTE: All figures are approximate.
Property Code: 1991
Property History for 11 Franklin St, Swansea, TAS 7190
- 12 Nov 2024Listed for Sale BY EOI
- 17 May 2012Sold for $715,000
- 05 Sep 2011Listed for Sale EXPRESSIONS OF INTEREST
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About Swansea 7190
The size of Swansea is approximately 245.4 square kilometres. There are 17 parks, covering nearly 6.8% of the total area. The population of Swansea in 2016 was 866 people. By 2021 the population was 997 showing a population growth of 15.1% in the area during that time. The predominant age group in Swansea is 60-69 years. Households in Swansea are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Swansea work in a managers occupation.In 2021, 75.80% of the homes in Swansea were owner-occupied compared with 70.40% in 2016.
Swansea has 1,039 properties. Over the last 5 years, Houses in Swansea have seen a 15.77% increase in median value, while Units have seen a 10.79% increase. As at 31 July 2026:
- The median value for Houses in Swansea is $610,219 while the median value for Units is $448,782.
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