nzbizbuysell.co.nz/91191
Ad ID: 91191

Iconic Bar and Eatery for Sale Hamilton East

The Iconic Riv Bar & Two Birds Eatery. Established 1999

Location:
Asking:
$675,000
+ Stock of $20,000
Turnover:
$1,768,000

Business for Sale Description

Iconic Bar and Eatery for Sale Hamilton East

The Iconic Riv Bar & Two Birds Eatery. Two amazing businesses in one!

The Riv Bar has been operating in its prime Hamilton East location for more than 20 years, serving up their loyal patrons with a premium sports bar, gaming room, pool table, a great range of beverages and more. A separate door next to The Riv leads into Two Birds Café, Two Birds burst onto Hamiltons hospitality scene in 2014 by creating dam tasty food that's good for you. You will fall in love with the sun drenched outdoor courtyard, mouth watering healthy food options and an energetic vibe that locals, visitors and their thousands of social media followers come back to time and time again for.

These thriving businesses offer fantastic turnover, fantastic returns and loads of opportunity for growth, a hands on owner/operator will take this business to the next level.


Business Highlights

- 2019 Combined weekly sales of $34,000+ (GST Incl)

- 20KG+ of Allpress coffee & 500+ plates prepared by the kitchen per week

- Run under management with experienced staff in place

- Long lease in place with rent & Opex at 7.4% of turnover

- Strong social media presence: 14,000 Facebook & 10,000 Insta followers

- 18 gaming machines with 44 allocated car parks

- License to sell alcohol from 8am to 1am

- Great Location in Hamilton East shopping precinct, in close proximity to the CBD and the Hamilton Rose Gardens


Seldom do opportunities like this come up where you get two profitable and fully managed businesses in one premium location. Call Raj Brij (021)386-212 today for more information.


Asking Price: $675,000 + Stock of $20,000

Listing ID: KA1778

Interested In This Opportunity?

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For more info
Contact: Raj Brij

Raj Brij

Raj Brij
021386212
Kakapo Business Sales
Licensed REAA 2008
Broker Ref: KA1778

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