Pub & Restaurant, Picton
Bar
ActiveHospitality & TourismMarlboroughB2C
Asking price
$250,000+
Disclosed · NZD
Revenue (est.)
~$464,598
Estimated · comparable listings of this type and size
Earnings (est.)
~$111,797
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
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