Award-Winning Bar & Restaurant, Tauranga

Award-Winning Bar & Restaurant, Tauranga — Food & Beverage · Tauranga · Asking Expressions of Interest

Established, well-regarded bar and restaurant in the heart of Tauranga's revitalised CBD, operating in the area since 2004 and in current premises since 2018 (B2C). A friendly atmosphere with outstanding Tauranga Harbour views and a popular sports focus (multiple big screens), with a loyal customer base. Prime CBD location benefiting from extensive redevelopment (commercial, hotel and residential…

DealProspect/Listings/Food & Beverage

Award-Winning Bar & Restaurant, Tauranga

Restaurant

ActiveFood & BeverageBay of PlentyB2C

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Asking price

Expressions of Interest

Disclosed · NZD

Revenue

—

Earnings

—

Implied multiple

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Brief

Established, well-regarded bar and restaurant in the heart of Tauranga's revitalised CBD, operating in the area since 2004 and in current premises since 2018 (B2C).
A friendly atmosphere with outstanding Tauranga Harbour views and a popular sports focus (multiple big screens), with a loyal customer base.
Prime CBD location benefiting from extensive redevelopment (commercial, hotel and residential over the next two years) driving foot traffic.
Owners retiring after 21 years; a supportive team in place; offered by expressions of interest.

Restaurants in Bay of Plenty

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Listed

+4 in 30 days

Median asking

$350K

7 priced

Median revenue

$1.1M

6 disclose

Earnings multiple

2.1×

76 listings

Price drops

in 30 days

Asking price spread7 of 9 state a price

43%

14%

$100K–$250K$1M–$2.5M

Auckland 58 · Canterbury 21

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