Super Profitable Restaurant - Approx. $300k EBITDA

Nestled in the picturesque harbour of Careys Bay, just minutes north of Dunedin’s city centre, stands one of New Zealand’s most iconic hospitality landmarks - the Careys Bay Historic Hotel & Restaurant.

More than a business, this is a lifestyle. Generating nearly $300,000 in annual cash surplus in the 2025 financial year, the hotel offers its full-time owner both financial reward and a unique seaside way of life.

Since 1874, the Careys Bay Hotel has been a proud symbol of Dunedin’s maritime and industrial heritage, welcoming locals, travellers, and sailors for generations. Beautifully restored in the early 2000's, it now blends timeless character with modern comfort, creating a venue that celebrates its past while thriving in the present.

Guests can enjoy a traditional public bar alive with local charm, or dine in the elegant restaurant overlooking the harbour, renowned for its fresh local seafood, warm service, and stunning panoramic views.

Consistently ranked among Dunedin’s top three restaurants on TripAdvisor, the business enjoys an exceptional reputation, loyal clientele, and steady year-round performance.

For the discerning buyer, this is a rare opportunity to own a thriving, heritage-rich hospitality business, one that offers both profitability and an enviable coastal lifestyle.

A legacy 150 years in the making, ready for its next chapter.

Don't wait, contact Ricky today - 0274 181 889 for a full information pack!

Price $650,000

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Agency reference #: 36123