Simply the best deal in Wellington—An Iconic restaurant with excellent returns!

Price

$395,000

Profit *

$250,000

Sales Revenue

$1,400,000

Location

Wellington Region, Wellington Central

Category

Restaurant

Listing #

WL00504

Wellington Central Restaurant Business for Sale
Wellington Central Restaurant Business for Sale Slide 2
Wellington Central Restaurant Business for Sale Slide 3
Wellington Central Restaurant Business for Sale Slide 4
Wellington Central Restaurant Business for Sale Slide 5
Wellington Central Restaurant Business for Sale Slide 6
Wellington Central Restaurant Business for Sale Slide 7
Wellington Central Restaurant Business for Sale Slide 8
Wellington Central Restaurant Business for Sale Slide 9
Wellington Central Restaurant Business for Sale Slide 10
Wellington Central Restaurant Business for Sale Slide 11
Wellington Central Restaurant Business for Sale Slide 12
Wellington Central Restaurant Business for Sale
Wellington Central Restaurant Business for Sale Slide 2 Thumbnail
Wellington Central Restaurant Business for Sale Slide 3 Thumbnail
Wellington Central Restaurant Business for Sale Slide 4 Thumbnail
Wellington Central Restaurant Business for Sale Slide 5 Thumbnail
Wellington Central Restaurant Business for Sale Slide 6 Thumbnail
Wellington Central Restaurant Business for Sale Slide 7 Thumbnail
Wellington Central Restaurant Business for Sale Slide 8 Thumbnail
Wellington Central Restaurant Business for Sale Slide 9 Thumbnail
Wellington Central Restaurant Business for Sale Slide 10 Thumbnail
Wellington Central Restaurant Business for Sale Slide 11 Thumbnail
Wellington Central Restaurant Business for Sale Slide 12 Thumbnail

About this business for sale in Wellington Region, Wellington Central

Everybody loves hanging at Sweet Mother’s Kitchen with its unique and cosy vibe.

This restaurant draws from the influences of New Orleans cuisine, serving up food that is good for the soul. Located in the heart of the Wellington entertainment scene, it’s a place people know and love for iconic favourites like snickers milkshakes, curly fries, gumbo, jambalaya, and key lime pie.

Sweet Mother’s has thrived in Wellington for 17 years as a must-visit destination with its relaxing atmosphere and delicious comfort food. It has a great amount of foot traffic and is the perfect spot to grab a drink and bite to eat before the theatre or enjoy brunch with friends on the weekend.

It’s one of the few places in the city where you can dine on the street all year round. By day you can enjoy a margarita with a po boy in the summer sun and by night you can snuggle up under the heaters with a coffee and some beignets. With a liquor licence from 8am-2am, Sweet Mothers can serve local beers and signature cocktails all day long.

The restaurant currently seats 63. A new owner can look forward to expanding the outdoor seating area in future through the Let’s Get Wellington Moving initiative to bring more street dining to Courtenay Place.

The business is well established with comprehensive systems and processes in place. A new owner can choose to be hands-on in day-to-day running of the business or remotely oversee operations using real time hospitality management software.

For the first time in its existence of 17 years, this excellent business is now up for grabs as the owner is relocating.

Business highlights:

  • Iconic Wellington restaurant
  • Eclectic and relaxing atmosphere
  • All day dining inspired by New Orleans cuisine
  • Ranked in top 10% of Wellington restaurants on Trip Advisor
  • Excellent investment – Sales of $26 k p/w, profit of $250 k p.a., ROI of 60%!
  • Loyal local following
  • 3 year lease + 2 renewals of 3 years
  • Prime CBD location with future potential for growth
  • Well established business operating systems in place
  • Potential to run business remotely or take hands on approach
  • Great marketing and engagement through website and social media presence
  • Motivated Seller – Seller relocating up North

The secret is in the financials – this is a super solid business with clean financials and solid management systems in place, ready for you to step in and start earning. Whether you are a seasoned hospitality owner or an executive looking for an excellent return on investment, you don’t want to miss out on this gem!

The seller is open to offers, and for a fraction of its worth this excellent business could be yours.

Contact Christo Botes at 0220261062 to find out more.

 

 

To find out more, 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.

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.

Online seminar

How to buy a business

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.

Business Affordability Calculator

What can you afford?

Discover what you can afford, how much your loan repayments may be, and how much you could earn.

Finance

Need help with finance?

Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.

Share to:

Facebook
LinkedIn
Email

Contact Us

Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.

Corporate Contact Form

"*" indicates required fields

Confidential Conversation Popup Form

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Get in touch for a
confidential conversation

Our LINK Business Brokers are able to provide advice and insights that will increase the value of your business. Simply fill out the form below or call 0800 546 528 for an obligation free, and 100% confidential chat.