Ad ID: 102687 Inactive

Restaurant for Sale Gisborne

Crawford Road Kitchen / Gisborne Wine Centre


Business for Sale Description

Restaurant for Sale Gisborne

For Sale by tender.

A restaurant, wine-bar and wine tourism destination located on Gisborne's inner harbour waterfront has been placed on the market for sale.

Currently operating Tuesday to Saturday with a licenced restaurant offering modern lunch and dinner menus plus casual grazing plates, coffee, wine, cocktails and local beer. Crawford Road Kitchen is well-presented with a reputation for consistently high-quality food, wine, and service.

As a wine tourism destination, the Gisborne Wine Centre has the benefit of both on premise and off licences allowing visitors to enjoy a meal, drinks or a local wine tasting and then purchase those wines to take home. An online wine and gift store is up and running, and included in the sale. These additional revenue streams add resilience and flexibility to the business.

With views across Poverty Bay, this stunning waterfront location has a modern, yet welcoming fitout and a sun-drenched, covered deck area enjoyed by patrons year-round.

This offering is showing a healthy return for the current operator on a five-day week and all processes, and systems are in place. This successful operation is on the market as the current owners are looking to focus on other projects.

- Rent is less than 4% of sales.

- Tourist attraction as a one stop shop for the region's best wines.

- Scope for growth with the online wine sales.

- $1m + turnover.

- Large surplus to owner.

- 3+ years of proven success.

- Very loyal local patronage year-round.

- Strong lease through to 2032.

- Great staff in place.

- All operations well systemised.

Financial details of this business are strictly confidential, enquire now to register your interest and to complete a Confidentiality Agreement,  Mike Florance, Bayleys Gisborne - 0021 222 8053 or