Price
$89,500
Profit *
Refer to Broker
Sales Revenue
$586,000
Location
Wellington Region, Wellington Greater Area
Category
Food/Hospitality, Restaurant
Listing #
EL05112
This is a fully established bar in a premium Wellington CBD precinct with genuine, untapped upside.
Right in the heart of the city, this is a purpose-built hospitality environment designed to keep people there — and spending. Surrounded by food operators and anchored by entertainment, the venue benefits from consistent, high-quality foot traffic from lunch through to late night.
The fit-out is sharp, modern and fully operational. Nothing to spend. A proper bar setup built to handle volume, with the infrastructure already in place to scale. Seating is substantial, the systems are in place, and the business runs with an established team.
Current weekly sales sit at circa $12,000 including GST. But this is not a business being sold on where it is today. It’s being sold on where it can go.
HIGHLIGHTS
• Premium Wellington CBD location with strong foot traffic
• Positioned within a major hospitality and entertainment precinct
• Fully established, turnkey operation – nothing to spend
• High-quality bar fit-out designed for volume trade
• Weekly sales circa $12,000 incl. GST
• Strong brand association and customer appeal
• Large seating capacity and established team
• Clear upside through marketing, events and late-night trade
• Priced significantly below replacement cost
• Genuine opportunity for an experienced operator
Marketing has been light. Evening trade is underdeveloped. The fundamentals — location, layout and positioning — are already doing the heavy lifting.
What’s missing is Energy. Direction. Ownership.
You’re stepping into a fully set-up operation in a premium CBD location, with a captive audience and serious upside — at a price well below replacement cost.
This is not for everyone, but for the right operator, this is a serious opportunity at a highly attractive price.
Asking $89,500 plus stock
Rafiq Bhamani, +64 21 129 1916, [email protected]
*Please refer to the LINK website for full disclaimers.
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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.
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