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DealProspect/Listings/Hospitality & Tourism

Established Licensed Restaurant, Dunedin

Restaurant

ActiveHospitality & TourismOtagoB2C
Asking price
$450,000
Disclosed · NZD
Revenue
$1,716,000
TTM
Cash Surplus
$200,000
Implied multiple
2.2×
asking / earnings
Brief
  • Thriving licensed restaurant with a strong loyal following in a superb CBD location with plentiful adjacent parking.
  • Currently managed, with vendors retiring after twelve years of ownership.
  • High-quality fit-out throughout including the kitchen, with excellent systems and the latest technologies.
  • Ideal for a partnership or couple, supported by experienced long-serving key staff.
  • Long lease available, with generous vendor support offered to a new owner.