Ad ID: 80006

Restaurant and Bar for Sale Waiheke Island

The Coolest Little Bar on Waiheke

Location:
Asking:
$310,000

Business for Sale Description

Restaurant and Bar for Sale Waiheke Island

This business is just so cool. Architecturally designed and with a totally bespoke fitout, there is nothing quite like it on Waiheke. The spaces are intimate and inviting with warm wood, subdued lighting and corten steel finishes. The location is nicely tucked away yet easily accessible, the bar is reminiscent of somewhere on the coast of Italy or France.

The business trades very well, particularly during the summer months and there is significant further opportunity for a new operator. Plans are in place to extend the deck to allow even further enjoyment of the stunning views.

 Revenue for the 2018 financial year was in excess of $311,000 excluding GST and costs are well controlled. By extending the opening hours one could expect to improve the bottom line appreciably. A full-time working owner could expect to make around $108,000 per annum here with current trading hours.

The kitchen is compact with a focus on efficiency and is equipped with excellent gear. The menu is simple but very popular with a delightful range of antipasti and salads and the wine list features some favourites from Italy and around New Zealand.

This is an awesome lifestyle opportunity on New Zealand’s ‘Island of Wine’. Act now!

$100,000 + for a working owner

Gorgeous seaside location on Waiheke

Trading just 5 days

Easily managed lifestyle business

Asking $310,000

Reference: EL01984

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Link Business Broking Ltd
For more info
Contact:

Hamish Aitcheson

021 779 018
Anytime
Link Business (Ellerslie)
Licensed REAA 2008
Broker Ref: EL01984

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