Prime Newmarket Bistro – First Time for Sale

Established Mediterranean Bistro – $1M+ Sales, Prime Location

For the first time in over 17 years, this iconic Mediterranean-style bistro in the heart of Newmarket is on the market. With indoor/outdoor seating for 100, a full license, and a loyal customer base, this is a rock-solid hospitality operation in a location that just keeps getting better.

Annual sales in FY25 are tracking over $1,000,000, with a $100,000 working owner profit—but this isn’t the ceiling. The business previously generated $150,000 profit (FY23), and current performance suggests it’s firmly on the rebound.

The fit-out is elegant but efficient. The systems are well-established. The team is experienced. And the location? Unbeatable. Positioned on one of Newmarket’s most active pedestrian strips, with outdoor dining protected and enhanced by Auckland Council investment, this business enjoys natural exposure and year-round patronage from shoppers, professionals, residents and tourists.

Business Highlights

• First time on market in 17+ years
• FY25 sales tracking over $1,000,000
• $100,000+ Profit to a working owner
• Prime Newmarket location with heavy foot traffic
• Council-backed streetscape investment protecting value
• Licensed operation, currently open 6 days/week
• Mediterranean menu with strong local following
• Seating for 100+ across interior & covered outdoor area
• Strong online reputation (Google, TripAdvisor etc.)
• Lease to 2027 + 6-year renewal

Why Buy Now?

• Legacy business in premium hospitality strip
• Longtime owners ready to hand over cleanly
• Rebounding profitability offers clear upside
• Easy handover with experienced team and systems in place
• Expansion potential through hours, digital, catering

Asking $299,000

This isn’t a startup, a rebrand, or a risk play. It’s a stable, recognisable, and well-run venue with decades of goodwill behind it—and room to grow in front of it.

Get in before another 17 years go by.

Max Wensauer, 021 256 6269, [email protected]

***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.

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