Why Buy a Business in Hobart?
Hobart's commercial heart pulses along Elizabeth Street, a key retail thoroughfare. Nearby, Salamanca Place draws visitors with its market and waterfront proximity. Australian Bureau of Statistics data reveals varied population characteristics. Income levels reflect the diverse employment base. The economy hinges on tourism, shipping, and government services. Age demographics show a range, with working-age individuals forming a substantial segment. Retail businesses and hospitality establishments cluster around the city centre, catering to residents and tourists alike. The port also contributes to economic activity.
REVL: Rosebud
Rosebud, VIC 3939 541.4 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Mornington
Mornington, VIC 3931 551.8 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
Listen To Your Body: Mornington
Mornington, VIC 3931 551.8 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Clyde
Clyde, VIC 3978 551.9 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Mount Eliza
Mount Eliza, VIC 3930 554.4 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Langwarrin
Langwarrin, VIC 3910 555.8 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Skye
Skye, VIC 3977 560.5 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Tulliallan
Cranbourne North, VIC 3977 561.1 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Officer
Officer, VIC 3809 561.4 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Seaford
Seaford, VIC 3198 562.3 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Beaconsfield
Beaconsfield, VIC 3807 563.0 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Lynbrook
Lynbrook, VIC 3975 564.4 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Patterson
Patterson Lakes, VIC 3197 566.3 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
Listen To Your Body: Torquay
Torquay, VIC 3228 567.6 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Harkaway
Harkaway, VIC 3806 568.7 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Hallam
Hallam, VIC 3803 569.4 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Edithvale
Edithvale, VIC 3196 570.3 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Drysdale
Drysdale, VIC 3222 572.7 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Dandenong
Dandenong, VIC 3175 573.1 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Parkdale
Parkdale, VIC 3195 575.8 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Noble Park
Noble Park, VIC 3174 576.2 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Moolap
Moolap, VIC 3224 577.8 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Beaumaris
Beaumaris, VIC 3193 578.1 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Rowville
Rowville, VIC 3178 578.7 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Upwey
Upwey, VIC 3158 578.8 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Mulgrave
Mulgrave, VIC 3170 581.1 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Wheelers Hill
Wheelers Hill, VIC 3150 582.2 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Highton
Highton, VIC 3216 582.4 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Knoxfield
Knoxfield, VIC 3180 582.7 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Clayton
Clayton, VIC 3168 582.8 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Geelong
Geelong, VIC 3220 583.0 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Hampton
Hampton, VIC 3188 583.8 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Chadstone
Chadstone, VIC 3148 587.0 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Carnegie
Carnegie, VIC 3163 587.1 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Brighton
Brighton, VIC 3186 587.3 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
REVL: Vermont South
Vermont South, VIC 3133 587.6 km away
Cash/Equity required: $120,000
Investment: From $200K
Business Type: New Franchise
FAQs Frequently Asked Questions
The best franchise for you is one that aligns with your personal values, culture, skills, and working style. Success in franchising isn't just about choosing the most popular or profitable brand — it's about finding the right fit. The most successful franchisees typically choose a business that matches their culture, values and workstyle.
To help you make an informed choice, take the Hattch Compatibility Assessment. It’s a quick and effective tool that matches you with franchises based on your unique profile — providing a compatibility score for each brand. This helps you narrow your options and focus on franchises where you're most likely to succeed.
Buying a franchise is typically funded by combining your savings with property equity you have, and financing the balance through a lender.
In addition to your savings and equity, banks can lend against the future cash flows of the business. This typically can be approximately 50% of the total investment required. Each one of our listings has a calculator for you to see if you can afford that franchise or business for sale.
Building a strong business plan is a crucial step when buying a franchise or business for sale. It helps you clarify your goals, secure finance, and map out how the business will operate and grow.
A typical business plan should include:
- Executive Summary – A snapshot of your business and goals
- Business Description – What the business does and its market position
- Products/Services – What you’re offering and how it meets customer needs
- Market Analysis – Target market, competition, and growth opportunities
- Operations Plan – Daily operations, staffing, suppliers, and systems
- Marketing Strategy – How you’ll attract and retain customers
- Financial Forecasts – Budgets, cash flow projections, and funding needs
If you're buying a franchise, the franchisor may provide templates or support to guide you. You can also work with a small business advisor, accountant, or use tools available through Hattch or government resources.
A well-prepared business plan also strengthens your case when applying for finance through banks or finance brokers.
Financing a franchise or business for sale can be achieved through a variety of options, including bank loans, franchisor-provided finance, personal loans, home equity loans, or rolling over retirement funds. Many buyers also work with franchise finance brokers who can help identify the most suitable lending solutions and streamline the application process. Lenders will generally assess your credit profile, business plan, available security, and the reputation of the franchise or business you’re purchasing.
Before buying a franchise or business for sale in Australia, it's essential to seek legal advice from a lawyer who specialises in franchising and is familiar with the Franchising Code of Conduct. This code is a mandatory industry regulation overseen by the ACCC and outlines the rights and responsibilities of both franchisors and franchisees.
A qualified franchise lawyer can help you:
- Review the Franchise Disclosure Document and Franchise Agreement
- Identify any unfair contract terms or risks
- Ensure you understand your obligations and exit options
- Clarify any ongoing fees, marketing contributions, and renewal terms
Engaging a franchising lawyer early can help you make an informed decision and avoid costly mistakes down the track.
