Ad ID: 57375

Restaurant and Bar for Sale Dunedin

Restaurant Cafe & Bar business for sale with a prime inner City Dunedin location. Revenue increasing with Dunedin's ever increasing tourism boom.

Business Description

Restaurant and Bar for Sale Dunedin

This restaurant, cafe & bar is looking for the next Hospitality operators to continue the success of this business.

Currently open 7 days a week for breakfast, lunch and dinner service as well as offering functions and private bookings. This business has further opportunity to expand the food and beverage offerings as the location is one of Dunedin's most strategic locations for a hospitality business.

It has a great indoor and outdoor flow with seating for up to 50 guests inside and 40 guests outside. The 3am licence and independence from any ties to the breweries allows the craft beer and wine offering to be further developed.

Revenue for the April to June 2016 up 29% on same period last year and still great opportunity to increase revenues with further development and Dunedin's ever increasing tourism boom. With sales of food and beverage averaging 50 / 50 and cost of goods sold at 30%, this business is a text book for the hospitality industry.

Business Resources

This restaurant cafe & bar has a Modern Point of Sale system, awesome website and great plant and equipment, this business enjoys great management systems including full costing inventory, consumption & margin management and reporting. With a long and reasonable lease with a great landlord in place until September 2021 is in place, so there is some serious trading years ahead.

This business also enjoys great social media marketing and Facebook along features over 1500 likes!

This is a great opportunity for an operator to own and operate their own restaurant cafe & bar and live in a friendly and vibrant City.

Please contact me now for comprehensive property listing details.

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