Price
$460,000 (including Stock)
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Waikato Region, Waikato
Category
Food/Hospitality
Listing #
BPW00137
This iconic Waikato Bar is well known in its local town as the premier place to eat and relax. Operating for over 15 years this is the first time to market and this is a fantastic opportunity to take over a well run and established business but be able to still improve and grow.
The bar has a comfortable feel with lots of local ambiance, a reputation for quality, great service and with its ever changing seasonal menu is a very popular destination restaurant and watering hole with the locals.
Boasting a wide range of NZ wines, one of the top NZ brewed beer brands, a well-respected international beer on tap and international Whiskeys this business is an excellent opportunity for an experienced operator to continue the proud traditions set down by its founders but is still able to stamp their own mark going forward. .
Revenues are averaging $1.5M over the last two financial years and the returns to one working owner are impressive.
Be quick this quality offering won’t be on the market for long! The potential to franchise in other areas could be part of the attraction.
Asking Price $460,000 (includes Stock).
***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. Please contact the broker for further details.
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.
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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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