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Refer to Broker
Refer to Broker
This Established Bar and Restaurant is nestled in a coastal town in the Hawke's Bay Region, spanning the 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:
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 – Price On Expression Interest
Interested? Call the A-Team NOW!
Ron Vazirani – M: 021 294 2978 | E: ron.vazirani@linkbusiness.co.nz
Anil Vazirani – M: 021 0277 8149 | E: anil.vazirani@linkbusiness.co.nz
#restaurantandbar #licensedrestaurant #waterfrontbar #gastrobar #hotel #bar #hospitality #hawkesbay #napier
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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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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