Ad ID: 80556 Inactive

Restaurant and Bar for Sale Tauranga

Bar Restaurant. Stunning Tauranga Location!


Business for Sale Description

Restaurant and Bar for Sale Tauranga

Why battle away in Auckland when a premium business awaits in a lifestyle location?  Tauranga is NZ’s 5th largest city and is just 2 ½ hours from Auckland. It offers an enviable lifestyle with a great climate, superb beaches and an easy going, cosmopolitan vibe.

A fabulous opportunity has arisen to acquire this exceptionally well set-up and presented Hospitality business located in one of Tauranga’s finest locations.

Sales are over $18,000 per week (inc GST) and growing nicely. This establishment opens for dinner just 5 days a week and lunch for just 2 and enjoys a good balance between food and beverage sales. The fit out is of very high quality and there are various seating areas both inside and outside.

Rent sits nicely under 9% of sales and there is a string lease in place. The business runs well with well-controlled food costs but a full time working owner would further improve wages. This combined with growing sales gives a nice upside to the lucky eventual buyer.

Premium location

Lifestyle environment

Beautifully set up with quality chattels

Strong lease in place

$18,000 per week and growing

Good food /beverage split

Such businesses are rare to come to market in this desirable City by the sea. The current owner is happy to ensure a smooth transition to a new owner.  If you are in the market for a Hospitality business that ticks so many boxes, this one is most certainly worth a look.

Asking $395,000 plus stock

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