Kauri Business Sales is pleased to present this outstanding opportunity to acquire a well-established pub that has multiple income streams. A local favorite, this venue has earned a reputation as the go-to destination for drinks and dining, offering an extensive selection of beverages that consistently draw in both regular patrons and new visitors.
Business Highlights:
- Strong Financial Performance: The potential profit for a part-time working owner is estimated at $259,638, based on the latest FY24 financials.
- Consistent Gaming Revenue: With 18 gaming machines, this venue currently generates a steady $30,000 to $35,000 in GMP per week.
- Spacious Venue for Events: The large space is ideal for hosting functions and events, creating another lucrative revenue stream.
- Additional Income Sources: Revenue is also generated from pool tables and an ATM on-site.
- Balanced Beverage & Food Sales: The business enjoys a 61/39 split between beverage and food sales, ensuring consistent profitability.
- Extensive Beverage Offering: With over 12 beers on tap, this bar is a favorite for both locals and tourists alike.
- Flexible Contract Options: No brewery contract is currently in place, offering the opportunity to negotiate a favorable new contract.
This business presents a fantastic opportunity for an existing hospitality owner to expand their portfolio or for a hands-on operator to actively manage the day-to-day operations and maximize profits. With its strong market presence and multiple revenue streams, this opportunity is not expected to last long, making it essential for interested buyers to act quickly.
Asking Price $685,000 plus Stock.
Please complete the online confidentiality agreement by visiting the link - https://www.kauribusiness.co.nz/business-for-sale/148/
