Ad ID: 76442 Inactive

Restaurant for Sale Marlborough

Vibrant Restaurant/Bar For Sale Returning Over $200k!

Location:
Asking:
$480,000

Business for Sale Description

Restaurant for Sale Marlborough

Great lease, excellent returns to owner and all with only 15 hrs per week input.

This Popular, vibrant and fun 168 m2 restaurant & bar has carved a strong niche for itself.

Set in a prime location in Blenheim and surrounded by a variety of retailers, this busy restaurant boasts a modern industrial style fit out with seating for 84 people indoors and 24 outdoors.

Although it is open 7 days per week the excellent team in place means that the owner's day to day involvement is minimal.

Key facts:

  • EBPIDT over $200k to a working couple
  • Secure lease with very reasonable rental – rent is less than 4% of turnover
  • Fully established team that includes excellent head chef and kitchen staff - owner only works 15 hours per week
  • Weekly sales averaging over $20,000 including GST
  • Fully licensed
  • Premier fit-out 
  • Well set up kitchen with good storage 
  • Excellent set up with solid systems in place
  • Great business model - well controlled wage/food costs
  • Established clientele
  • Repeat business
  • Excellent chef and front of house staff
  • Currently evening dining with opportunity to add daytime dining

First time on the market and available only because the owner is raising capital for an unrelated investment opportunity. 

Secure this outstanding opportunity before anyone else finds it.

To secure this exciting opportunity contact me today.

To find out more, go to www.linkbusiness.co.nz/CS00175 and press the “Enquire Now” button to complete an online confidentiality agreement.

***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. Please contact the broker for further details.

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