Ad ID: 118344

Hospitality Bar & Restaurant for Sale Paihia, Bay of Islands

Seize this business duo in Paihia for just $270k

Location:

Northland

Asking:

$270,000
Plus SAV Plus GST (if any) NEGOTIABLE

Turnover:

$600,000

Type:

Hospitality-Bars / Hospitality-Restaurants

Why buy this Hospitality Bar & Restaurant Business

Hospitality Bar & Restaurant for Sale Paihia, Bay of Islands

Dive into the hospitality scene with not one, but 2 established businesses for the price of 1. The Sandpit Poolroom Bar and The Hideout BBQ Restaurant are ready for an ambitious new owner to take the helm.

WHY THIS PAIR?

* Dual Ventures: A beloved pool table and bar operation plus a popular BBQ-themed restaurant.

* Prime Location: Situated on Kings Road, amidst a resurgence in tourism and local upgrades, including a new beach park.

* Established Legacy: 16 years of operation with a strong, loyal clientele and a reputation for quality.

* Diverse Revenue: Enjoy $15,000 weekly sales inc GST, with income from both on-site and external catering.

* License & Lease: Benefit from a 1am full license and secure, inexpensive leases totaling $45,000.

* Ready for Growth: Numerous opportunities to expand, innovate, or even consider a change of use.

PERFECT FOR:

Hospitality Veterans: Leverage your experience to grow these businesses further.

Lifestyle Seekers: Ideal for those looking to dive into a fulfilling lifestyle change with a passion for hospitality.

Strategic Investors: With an eye for potential, split the operations or explore new avenues.

OFFER HIGHLIGHTS:

Turnkey Operation: Spacious and vibrant fit-outs, top-notch catering equipment, and a well-known, beloved location.

Supportive Transition: A comprehensive handover ensures you're set up for success from day one.

Financially Appealing: Priced to sell at $270,000 plus stock at value plus GST (if any) - all negotiable.

JOIN THE PAIHIA SCENE:

This is more than a business purchase; it's an entry into a lifestyle rich with potential, community, and growth. Kings Road is evolving, and with the local area set for further enhancements, the timing couldn't be better.

TAKE ACTION:

Don't miss out on this rare and lucrative opportunity.

www.sandpitpoolroombar.business.site

www.thehideoutpaihia.business.site

Envision your future as the new cornerstone of Paihia's hospitality. Enquire today and make your offer