Popular Bar & Restaurant for Sale Napier

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Why buy this Popular Bar & Restaurant Business

Popular Bar & Restaurant for Sale Napier

Exceptional Coastal Bar & Restaurant Opportunity - Hawke's Bay Region

Strategically located in a vibrant coastal town within the Hawke's Bay Region, this established bar and restaurant occupies a prime position along a high-traffic area, frequented by both locals and tourists.

The venue boasts a distinctive and thoughtfully curated interior, offering a versatile dining environment that caters to both casual patrons and those seeking a refined culinary experience. Guests can enjoy an impressive selection of handcrafted cocktails, expertly prepared by a team of skilled mixologists, within an ambiance that elevates the overall dining experience and complements the menu's rich flavour profile.

The business demonstrates consistent financial performance, delivering strong turnover and generating staff-managed annual profits in the vicinity of $340,000.

Key Investment Highlights:
* Weekly Revenue: Averaging approximately $38,000-$40,000
* Revenue Mix:High Beverage to Food ratio
* Licensing:Bar license in place withlicensed hours until 12:00 AM, 7 days.
* Capacity: Expansive premises accommodating 200+ patrons
* Lease Structure: Favourable lease terms with capped rent and renewal rights secured until 31 July 2041
* Team: Experienced and reliable staff in place, committed to continuing under new ownership
* Profitability: High net returns achievable under either a fully managed structure or for an owner-operator

This is strong hospitality icon that is regretfully seeing the market due to the Vendor's other business commitments. A rare opportunity this is not to be missed by the hospo enthusiasts.

Asking Price - Enquiries over $580,000

Complete the online confidentiality agreement form by clicking on the link below and clicking the ENQUIRE NOW button -http://linkbusiness.co.nz/EL04550

Interested? Call the A-Team NOW!

Ron Vazirani - M: 021 294 2978 | E:ron.vazirani@linkbusiness.co.nz
Anil Vazirani - M: 021 0277 8149 | E:anil.vazirani@linkbusiness.co.nz

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Ref: EL04550
Timestamp: 20250606041502