This well-established restaurant and bar is strategically located in the heart of Hamilton's premier dining precinct and has built a loyal customer base across the Waikato region over nearly 30 years of continuous operation.
Key highlights include:
• Strong Financial Performance: FY26 normalised EBITDA of $427,978 on $1,928,416 revenue, reflecting strong profitability and ~72% gross margins.
• Iconic Heritage Venue: Character-filled premises in a historic building with original features, creating a unique dining atmosphere and strong customer appeal.
• Multiple Income Streams: Four function spaces generating additional revenue from events, functions, and private bookings.
• Experienced staff in place including key management roles, ensuring smooth operations and flexibility for owners.
• Long-Term Lease: Secure lease through to 2041 with renewal options, providing strong tenure stability at $197K (excl. GST).
• Prime Location: High-foot-traffic site in Hamilton Central’s main hospitality precinct with strong visibility and ongoing area growth.
This is an ideal opportunity for buyers seeking a proven, well-recognised hospitality business with strong cash flow, a long trading history, versatile function spaces, and clear growth potential in one of the Waikato's most prominent dining destinations. Call today for a confidential discussion and further details.
Asking Price: $900,000 plus estimated stock $25,000
Please complete the online confidentiality agreement by copying and pasting this link: https://www.kauribusiness.co.nz/ca-forms/ca-form-269.
Post executing the NDA, we will be in touch with further information.
Khushdeep Sharma
Email:
[email protected]Mobile: 022 373 8555
Kauri Business Sales (Licensed REAA 2008)