Ad ID: 28416 Inactive

Bar and Restaurant for Sale Waikato

Very interesting bar and restaurant business for sale in prosperous Waikato town, prime location, great style and layout with good profitability!

Business for Sale Description

Bar and Restaurant for Sale Waikato

Here’s your opportunity to become “mine host”.  This bar/restaurant is the premier business in its town and has a very loyal following.

The restaurant is up to 60 covers, serviced by a commercial kitchen. The customer base likes good home cooking, nothing too fancy.  The restaurant rates 4 stars on Menumania and guests comment:

“I love eating here with my family. They cater for children. The menu is tasty, the prices reasonable, the owners very friendly and the seating very comfortable.”

The large bar includes two pool tables and a bandstand/dance floor area which regularly hosts successful music and comedy events. There is a garden bar at the back and pavement seating out front for up to 40.

Business Resources

All chattels are in very good condition and with recent refurbishment by committed operators, the premises present very well, with attractive and fitting themed decor. 

Family matters require the sale of this business.

2012 turnover was $375,000 with an operating surplus around $100,000.  The lease is to 2014 plus 2 rights of renewal out to 2024, at current rental of $60,500 +GST per annum.  

2013 data will be available soon. Full financial disclosure will be available to qualified enquirers and the price is negotiable.

Price is by negotiation.

Call now to inspect and discuss your deal!

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