Taranaki Tavern, Sports Bar & Accommodation Licensed For 9 Gaming Machines | Remarkable Opportunity!Listing: #EL03227
About this Business for sale in Taranaki/ Manawatu/ WanganuiTaranaki Tavern, Sports Bar & Accommodation Licensed For 9 Gaming Machines | Remarkable Opportunity!
This Main Road Tavern and Sports Bar is very conveniently and strategically located on the arterial State Highway passing through a popular suburban town in the Taranaki Region. The bar is well known among the locals and people travel inter-regionally to enjoy the fantastic menu, atmosphere and live sports screenings at the venue.
The Tavern is licensed for 9 gaming machines through a popular trust, ready to be installed on settlement. This will be guaranteed additional income for our successful buyer from installation
The current owners wish to retire, leaving this golden opportunity with additional untapped avenues of income.
- Fully licensed bar currently turning over $11,000 + per week (excluding gaming income)
- Pool tables on-site provide additional income
- A site manager apartment as well as 3-4 bedroom accommodation (potential to sub-let)
- Ample parking spaces available to customers
- Attractive lease with multiple renewals and reasonable rent & outgoings - rent $4,583.33 + GST per month
- 9 gaming machine license with confirmation from Gaming Trust for installation on or post settlement
- 1 full-time staff + 2 part-time staff
- 6 day operation: Tue-Sun 12pm-9pm (Closed Mondays)
Asking: $195,000 + Stock (Approx. $12,000)
This price offers a fantastic return on investment with guaranteed growth opportunities so this opportunity is not to be missed or passed- pick up the phone!
Call the 'A-TEAM' for more information on this remarkable opportunity:
To find out more, go to linkbusiness.co.nz/EL03227 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.
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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.