Iconic Restaurant/Bar for Sale, Fantastic Returns,

Blenheim, Marlborough

$480,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c3jkbq

This Popular, near new, vibrant and fun 168m2 restaurant & bar has carved a strong niche for itself.

Set in a prime location in Blenheim, surrounded by a variety of restaurants and retailers, this busy restaurant boasts very attractive interior design and seating for 84 people indoors and 24 outdoors.

Although it is open 7 days per week the excellent team in place means that the owner's day to day involvement is minimal.

Key facts:
- Near new restaurant & bar
- Fully licensed
- Premier fit-out 
- Well set up kitchen with good storage 
- Excellent set up with solid systems in place
- Great business model - well controlled wage/food costs
- Fully established team - owner only works 15 hours per week
- Established clientele
- Repeat business
- Excellent chef and front of house staff
- Secure lease with very reasonable rental – rent is less than 4% of turnover
- Weekly sales averaging over $20,000 including GST
- Currently evening dining with opportunity to add daytime dining
- EBPIDT over $200k to a working couple

This is the very first time ever on the market and it is only available because the owner is raising capital for an unrelated investment opportunity. 

Keep quiet and secure this outstanding opportunity before anyone else finds it.

To secure this exciting opportunity contact me today.

To find out more, go to www.linkbusiness.co.nz/CS00175 and press the “Enquire Now” button to complete an online confidentiality agreement.

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.

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