Vibrant Restaurant/Bar For Sale Returning $200k +

Blenheim, Marlborough

$480,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c4j492

Great lease, excellent returns to owner and all with only 15 hrs per week input.

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

Set in a prime location in Blenheim and surrounded by a variety of retailers, this busy restaurant boasts a modern industrial style fit out with 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

EBPIDT over $200k to a working couple
Secure lease with very reasonable rental – rent is less than 4% of turnover
Fully established team that includes excellent head chef and kitchen staff - owner only works 15 hours per week
Weekly sales averaging over $20,000 including GST
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
Established clientele
Repeat business
Excellent chef and front of house staff
Currently evening dining with opportunity to add daytime dining
First time on the market and available only because the owner is raising capital for an unrelated investment opportunity. 

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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