Popular Bar & Restaurant for Sale Napier

Why buy this Popular Bar & Restaurant Business

Popular Bar & Restaurant for Sale Napier

This Established Bar and Restaurant is nestled in a coastal town in the Hawke's Bay Region, spanningthe popular stretch of the town,for locals and tourists alike.

This remarkable and uniquely fitted-out space caters to casual dinersand those looking to indulge in a fine dining experience, while enjoying handcrafted range cocktails created by their talented mixologists. The ambiance of an incredible fit-out that sets the perfect vibe and compliments the flavours of kitchen.

The business has proven a strong financial performance witha strong turnover withStaff Managed Profits Per Annum circa $340,000.

Business Features:

* Average weekly turnovers exceeding $40,000+Per Week

* 60/40 Food to Beverage Splits

* Premises is fulllicensed until 12am

* Massivepremises with a coverage capacity of 200+ patrons

* Excellent lease terms with capped rents and rights of renewals to 31 July 2041

* Experienced team of staff in place that will continue their employment with the new owners

* Large profits as a fully managed businessor for anowner operator

This is strong hospitality icon that is regretfully seeing the market due to the Vendor's other business commitments. A rare opportunity this is not to be missed by the hospo enthusiasts.

Asking Price - Make your best offer!!

Interested? Call the A-Team NOW!

Ron Vazirani - M: 021 294 2978 | E:ron.vazirani@linkbusiness.co.nz

Anil Vazirani - M: 021 0277 8149 | E:anil.vazirani@linkbusiness.co.nz

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Ref: EL04550

Timestamp: 20250116124503