This Established Bar and Restaurant is nestled in a coastal town in the Hawke's Bay Region, spanningthe neck of the Waterfront that is a popular spot for locals and tourists alike.
This remarkable spot caters to the likes of casual diners and those looking to indulge in a fine dining experience, while enjoying handcrafted range cocktails created by their talented mixologists. The ambiance of an incredible fit-out that sets the perfect vibe and compliments the flavours of kitchen.
The business has proven a strong financial performance with over $40,000 + GST in average weekly sales over the seasons, with Summer revenue exceeding $80,000 + GST Per Week.For 7 months traded to 31 March 2024 report profits of $282,256 for a working owner.
Business Features:
* Average weekly turnovers exceeding $40,000 + GST Per Week (based on historicaltrading to 31 March 2024)
* 60/40 Food to Beverage Splits
* Premises is fulllicensed until 12am
* Massivepremises with a coverage capacity of 200+ patrons
* Excellent lease terms with capped rents and rights of renewals to 31 July 2041
* Experienced team of staff in place that will continue their employment with the new owners
* Large profits as a fully managed businessor for anowner operator
This is strong hospitality icon that is regretfully seeing the market due to the Vendor's other business commitments. A rare opportunity this is not to be missed by the hospo enthusiasts.
Asking - PriceOn Expression Interest
Interested? Call the A-Team NOW!
Ron Vazirani - M: 021 294 2978 | E:[email protected]
Anil Vazirani - M: 021 0277 8149 | E:[email protected]
#restaurantandbar#licensedrestaurant #waterfrontbar #gastrobar #hotel #bar #hospitality #hawkesbay #napier
Ref: EL04550
Timestamp: 20240802024502
