Coromandel’s Darling, Coroglen Tavern Is On The Market! Business & Freehold Including 3 Bed Home

Price

Refer to Broker

Profit *

Refer to Broker

Sales Revenue

$1,000,000

Location

NZ, Coromandel Peninsula Region

Category

Food/Hospitality, Bars/Nightclubs

Listing #

WK00282

Coromandel Peninsula Region Bars/Nightclubs Business for Sale
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About this business for sale in NZ, Coromandel Peninsula Region

Do not dawdle, this business with freehold property is going to be popular! Located just 15 minutes from Whitianga, Coroglen Tavern is a favourite for locals all year round and a must-stop destination for travellers and music lovers in the summer.

Not often do we list a business that creates this much excitement! Coroglen has a rich heritage and the current owners have enjoyed plenty of benefits from owning this business for over a decade. They have loved raising their family with this business and are now ready for a change of scene which means the opportunity to be the new owner of this Coromandel icon is now yours!

For most of the year the business services the local community and in summer they enjoy bumper trade from visitors to Coromandel, topped off with about six buzzing concert nights across the summer season.

  • Turnover exceeded $1,000,000 excluding GST for each of the last 3 years
  • Free House – no current brewery contracts in place
  • Brilliant reputation with experienced staff                      
  • Freehold property of 5126m2 comprises the tavern building, outdoor garden bar, band stage/green room with covered area, and 3-bedroom home
  • Live just 15mins from a handful of beautiful Coromandel beaches
  • Licensed for 7 Gaming Machines
  • On and Off License

 

Call me today to discuss the next step in securing this unique opportunity for yourself.

 

***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.

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

To find out more, complete an online confidentiality agreement by clicking the button below.

Click the email alerts button to be notified of other businesses that may be of interest to you.

For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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