About this Business for sale in Whanganui

Awarded a Recommendation on Restaurant Guru for 2021, this long-established sports bar has a lot to offer and a lot of potential being currently operated under 100% staff-management.

Business features highlights:

  • Bar averaging a consistent turnover of $9,000 – $10,000 per week & gaming commissions of $2,200 Including GST per week
  • 9 gaming machines with a supportive gaming trust – Purchaser must continue with the same gaming trust
  • Very low rent and outgoings of $727.85 Including GST & OPEX per week
  • 150 people licensed coverage – 100 in function hall and 50 in the main area 
  • Function hall equipped with taps – excellent potential to promote venue hire
  • Fully equipped kitchen
  • Excellent chattels
  • 3 Bedroom dwelling which can be consented for an accommodation (subject to council approval)
  • On-license 10am to 1am (Off-license can be obtained subject to District Council Approval)

Gaming bars offer a consistent non-labourous source of income from machines. With a shortage of gaming bars on the market, this is a well-sought business.

Priced to sell at: $199,000 + SAV 

 

Call the 'A-TEAM' for more information on this opportunity:

Ron Vazirani: DDI – 09 555 6036 | M – 021 294 2978 | E – ron.vazirani@linkbusiness.co.nz

Anil Vazirani: DDI – 09 555 6020 | M – 021 0277 8149 | E – anil.vazirani@linkbusiness.co.nz

-OR-

Go to http://linkbusiness.co.nz/EL03656 and press the “Enquire Now” button to complete an online confidentiality agreement.

***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.
 

#gamingbar #sportsbar #accommodation #liquor #gamingmachines #onlicense #alcohol #hospitality #gamingmachines 
 

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*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.

Listing: #EL03656
Profit*: Refer to broker
Sales Revenue: $634,400
Manawatu / Whanganui Region, Whanganui
Food/Hospitality, Bars/Nightclubs
*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.

*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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