Project Lavender: Estate Lavender Farm, Tourism Destination & Agribusiness
Indicative offers are sought for this high profile Tasmanian tourism destination and agribusiness established over 80 years with an outstanding brand, distribution, and further potential.
Bridestowe is world renowned for the quality of its lavender & oil products, and tourism experience. The only large-scale commercial producer of lavender oil in Australia, operating on 107 hectares.
Considered one of Tasmania’s most spectacular sights during flowering in December and January. This business attracts visitors throughout the year and has become a significant tourism destination in Tasmania with 80% of its revenue generated from tourism.
Currently owned for 20 years, the business would be further enhanced though the continuing development of its tourism experience including the further expansion of its lavender product range, the tourism shop, and potential for quality accommodation on the property. The brand could also be leveraged with the development of an off site retail strategy.
5-star hotel and golf course initiatives in the surrounding district reinforces the strength of this tourism location.
A current supply agreement for the sale of the Estate Lavender Oil provides cashflow and potential for further revenue expansion.
The Estate employs a number of skilled and experienced local staff to ensure the smooth operation of the tourist and farm activities.
A fresh owner can transform the $750,000 sales into a multi million-dollar business. Recent investment in tourism infrastructure and cost improvement plans on the Estate further strengthen this very exciting opportunity.
An information brief will be provided on execution of a confidentiality agreement to approved applicants. For further information please contact Nick Farnan.
Interested parties may click here to download an NDA for this project.
Please send the completed NDA to Melbourne@advisory.com.au for further information.