Total of 18659 firms and businesses for sale today Sunday 5th May 2024
Time to Sell or Time to Buy !

Iconic Whitianga Restaurant & Bar For Sale

LISTING DETAILS
Firms For Sale ID:
31759
Vendor reference:
15559
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$195,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This restaurant and bar is the longest standing independent restaurant in Whitianga having been operating for nine years now.

The restaurant occupies a prime sought after street position, with alfresco dining available street side and in the enclosed courtyard.

It has a solid regular customer base for food & coffee with a coffee loyalty programme operating and the enclosed courtyard being child friendly makes it perfect for those morning coffee catch ups. The business offers in house catering for local businesses and is a good venue for boutique parties such as hen nights, 21st birthdays, 40th and 50th celebrations, cocktail parties and themed nights plus staff Christmas parties, weddings and family gatherings.

The restaurant is also an excellent venue for promotional and business functions especially through the winter and has a facility for projector screenings for power point presentations if required.

The restaurant offers a comprehensive menu specialising in Tapas & Pizzas plus a delicious gourmet burger range to tempt the taste buds as well as the usual 'a-la-carte' meals. There is also a full breakfast and day menu with a full range of coffees and teas to compliment this.

The restaurant recently received recognition from Trip Advisor as being â??Recommendedâ?ť on the Trip Advisor website.

The restaurant has seating for 30 inside, 30 plus in the courtyard and 10 alfresco outside.

The restaurant operates a Tavern Licence which means patrons can call in for just a drink and the hours are 7am to 1am 7 days a week.

The hours of opening vary from summer to winter with summer hours being 9am to 9.30pm 7 days a week and winter Wednesday to Saturday with reduced hours based on demand.

The rent is $26,546 plus GST per annum with a new lease available to be negotiated due to the current family ownership of the property.

This business offers a great opportunity to purchase a well-known restaurant & bar in a beautiful holiday destination providing the new owner the potential for an enviable lifestyle operation.

For the more property minded business owner the freehold land and buildings are also available for sale if you want to be the landlord as well. This includes resource consent and plans to build a 3 storey building on this site.