This Waterfront Restaurant and Bar sounds like a fantastic opportunity, especially with its Prime location, Low rent, and the Potential for growth.
Operating only 19-20 hours a week while still maintaining a solid reputation and strong profits suggests there's considerable room for expansion, particularly by extending hours or adding more offerings like cocktails.
Key Strengths:
* Location: Being in a motel gives you a steady flow of customers, plus the waterfront adds significant appeal.
* Leverage the Waterfront: Utilize the waterfront view by creating an appealing outdoor seating area, hosting small events, or live music to capitalize on the location.
* Low Rent: At $500 + GST, the rent is very manageable, especially given the potential revenue.
* Reputation: A 4.3-star rating suggests the business already has a loyal customer base.
* Liquor License: Leveraging the existing liquor license until 00:30 am, you could introduce a specialized cocktail menu, happy hour promotions, or themed nights to draw in a broader evening crowd.
* Growth Potential: Expanding hours, adding brunch or lunch, or developing a cocktail bar could significantly increase sales.
Asking $100,000 + SAV
Contact the 'Team V' on:
AnilVaziranionMOB:021 0277 8149 (OR)DDI:09 555 6020 [email protected]
RonVaziranionMOB:021 294 2978 (OR)DDI:09 555 6036 [email protected]
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#restaurant#hospitality #napier #hawkesbay #licensed #bar
Ref: EL04400
Timestamp: 20240926114502