Why buy this Licensed Restaurant and Bar Business

Licensed Restaurant and Bar for Sale Napier

This Waterfront Restaurant and Bar sounds like a fantastic opportunity, especially with its Prime location, Low rent, and the Potential for growth.

Operating only 19-20 hours a week while still maintaining a solid reputation and strong profits suggests there's considerable room for expansion, particularly by extending hours or adding more offerings like cocktails.

Key Strengths:

Location: Being in a motel gives you a steady flow of customers, plus the waterfront adds significant appeal.
Leverage the Waterfront: Utilize the waterfront view by creating an appealing outdoor seating area, hosting small events, or live music to capitalize on the location.
Low Rent: At $500 + GST, the rent is very manageable, especially given the potential revenue.
Reputation: A 4.3-star rating suggests the business already has a loyal customer base.
Liquor License: Leveraging the existing liquor license until 00:30 am, you could introduce a specialized cocktail menu, happy hour promotions, or themed nights to draw in a broader evening crowd.
Growth Potential: Expanding hours, adding brunch or lunch, or developing a cocktail bar could significantly increase sales.

Asking $100,000 + SAV

Contact the 'Team V' on:

Anil Vazirani on MOB: 021 0277 8149 (OR) DDI: 09 555 6020 anil.vazirani@linkbusiness.co.nz

Ron Vazirani on MOB: 021 294 2978 (OR) DDI: 09 555 6036 ron.vazirani@linkbusiness.co.nz

***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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