Pub & Restaurant, Picton
Bar
ActiveHospitality & TourismMarlboroughB2C
Asking price
$250,000+
Disclosed · NZD
Revenue (est.)
~$500,801
Estimated · comparable listings of this type and size
Earnings (est.)
~$115,229
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.2×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Well-established pub and restaurant in the heart of Picton, popular with locals, ferry travellers and tourists
- Loyal customer base and strong local reputation with consistent trade
- Fully equipped commercial kitchen and relaxed indoor-outdoor layout including a sheltered courtyard
- 18 gaming machine licences secured, with machines to be progressively installed
- Licensed to 1am with strong community presence and scope to grow through events or extended hours
More hospitality & tourism businesses for sale
- Bar & Entertainment Venue, WhangāreiBar · Northland · $320,000
- Motueka Backpacker Hostel & Accommodation BusinessBackpackers / Hostel · Tasman · $425,000
- Escorted Group Tour BusinessTourism Operator · Auckland · $450,000
- Beaumont Apartments Management Rights, Mount MaunganuiManagement Rights · Bay of Plenty · $2,495,000
- Rotorua Accommodation & Holiday Park – ~100 UnitsHoliday Park · Bay of Plenty · $1,180,000
- Central Christchurch Hotel - Leasehold BusinessMotel · Canterbury · $2,450,000
- Freehold Motel Investment - GoreMotel · Southland · $1,990,000
- Motel Leasehold Opportunity, GoreMotel · Southland · $499,000