AD ID: 133829

Bar and Restaurant for Sale Selywn

Location:

Canterbury

Asking:

$379,000

Type:

Hospitality-Restaurants / Hospitality-Bars

Where the Locals Go

Why buy this Bar and Restaurant Business

Bar and Restaurant for Sale Selywn

Established Bar & Restaurant in One of New Zealand's Fastest-Growing Districts

Presenting a well-established, recently refurbished, full-service bar and restaurant that has become a genuine local's hub. Set in the Selwyn district, one of New Zealand's fastest-growing residential catchments. With a loyal, repeat customer base and a strong community following, the business is well placed to keep growing alongside its expanding catchment.

Trading as a cafe and restaurant by day and a bar and dining venue into the evening, the business earns across multiple sittings and operates under both an on-licence and an off-licence, giving two complementary revenue streams.

The current owners have recently invested significant capital in a full refurbishment of the premises and equipment, and the business runs on a semi-managed basis with an experienced, qualified team of duty managers and chefs already in place. This leaves an incoming owner with a refurbished, well-equipped and well-run venue as a platform to grow, and the flexibility of a hands-on or an oversight role.

Key Opportunities

• Two complementary revenue streams: on-licence (bar and restaurant) and off-licence (bottle store).

• Recently refurbished and well-equipped, with significant capital invested in the premises and kitchen and bar equipment.

• Semi-managed operation, with an experienced team of qualified duty managers and chefs already in place.

Asking Price - offer above $379,000 (plus GST if any)

If you are interested and would like more information about this business, please visit the Barker Business Brokerage website, search reference number 4058 and submit the online Confidentiality Agreement. Once Fiona receives your expression of interest, she will be in touch regarding further information about this opportunity.

*Source of information - Supplied by the Business Owner Licensed REAA 2008.

Property Code: 4058

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