Listing #:5182277190

Iconic Whangarei Restaurant, Café & Bar with Function Rooms & Alfresco Dining

Location: Whangarei, Northland
An exceptional opportunity to own a well-established and highly regarded hospitality business in Whangarei. Operating successfully for over 29 years, this iconic venue benefits from a prime location with high foot traffic and a strong local reputation.

Key Highlights:

The business has been a consistent performer over the years with annual sales exceeding $2 Million including GST. Sales exceeded an average of $40K per week including GST for the 2024 financial year.

All plant and equipment have been well maintained, with significant upgrades completed in mid-2020.

Versatile space including function rooms, bars, and alfresco areas, catering to a diverse customer base.

This is a turnkey investment with an established customer base, experienced staff, and a strong brand presence - offering immediate revenue potential and a seamless transition for new ownership.

Owned by the same operators since its inception, the business is now available for sale due to retirement.

Price: Offers circa $400,000 + stock at valuation.

Information package available for qualified buyers.

In the first instance contact:
Kevin Bradley, Public Accountant
09 430 2638 | officekb.bradley@xtra.co.nz
Asking price:
Listed: Fri 21 Feb, 3:03 pm
Seller's details
Member since Dec 2009

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