Licensed Family Restaurant | Hawke's Bay Region

This Waterfront Restaurant and Bar sounds like a fantastic opportunity, especially with its prime location, low rent, and the potential for growth.

Operating only 19-20 hours a week while still maintaining a solid reputation and strong profits suggests there's considerable room for expansion, particularly by extending hours or adding more offerings like cocktails.

Here are some potential considerations:

Key Strengths:
• Location: Being in a motel gives you a steady flow of customers, plus the waterfront adds significant appeal.
• Low Rent: At $500 + GST, the rent is very manageable, especially given the potential revenue.
• Reputation: A 4.3-star rating suggests the business already has a loyal customer base.
• Liquor License: Having a license that extends until 00:30 am gives flexibility to expand hours, especially if you want to develop the cocktail/bar side.
• Growth Potential: Expanding hours, adding brunch or lunch, or developing a cocktail bar could significantly increase sales.

Asking $119,000 + SAV

Contact the 'Team V' on:
Anil Vazirani on MOB: 021 0277 8149 (OR) DDI: 09 555 6020 anil.vazirani@linkbusiness.co.nz

Ron Vazirani on MOB: 021 294 2978 (OR) DDI: 09 555 6036 ron.vazirani@linkbusiness.co.nz

***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.

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Agency reference #: EL04400