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DealProspect/Listings/Food & Beverage

Fitted Hospitality Site, George Street, Dunedin

Hospitality Site

ActiveFood & BeverageOtagoB2C
Asking price
$99,000
Disclosed · NZD
Revenue (est.)
~$274,542
Estimated · comparable listings of this type and size
Earnings (est.)
~$50,127
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.0×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Site sale of a fitted hospitality premises on one of Dunedin's busiest stretches of George Street, students one way and the town centre the other
  • The fit-out is complete and the kitchen is already built
  • Full commercial gas kitchen running the depth of the building, with a gas cook line, two canopies, serious burners and stainless benching throughout
  • Fitted front of house with polished timber floors, feature pendants, nine tables and a window bar facing the footpath
  • Dry store, wash-up area and toilet on site
  • 66m2 site with a long-term lease in place, currently operating with a liquor licence
  • Suits almost any cuisine with no major reconfiguration needed
  • no intellectual property and no financials provided