Seize this Premium Hospitality Bar & Gaming Opportunity!

$780,000TaurangaListing: #BPW00345


Tauranga  


$780,000


Food/Hospitality
Refer to Broker


About this business for sale

Seize this Premium Hospitality Bar & Gaming Opportunity!


Situated in a high profile position, this premium hospitality business offers a relaxed yet contemporary bar and restaurant venue that has become a popular meeting place for an affluent, mature age group ranging from the mid-twenties to the late fifties. Currently operating as a managed business, a new owner willing to work in the business will add significant value to their net surplus!

  • Significant earnings and growth achieved from 18 gaming machines.
  • Liquor on license; tavern license.
  • Sunny outside seating is used all day.
  • Well-appointed 'near new' furnishings inside and out.
  • Sales turnover approx. $1.2m+ (Pending 2017 P&L's) = averaging over $23k per week!
  • Good lease in place with expiry 2035.
  • Fresh, simple and appeasing menu options.

Relocate to the highly desirable Tauranga region and start living the dream lifestyle!

This calibre of business does not come to market often so register your interest now to avoid disappointment.

To find out more 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.

 

Bay of Plenty
mark.robinson@linkbusiness.co.nz
+64 7 579 4994
+64 21 524 766

Mark Robinson

Bay of Plenty
peter.redward@linkbusiness.co.nz
+64 7 579 4994
+64 27 492 0453

Peter Redward

*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.