Fitted Hospitality Site, George Street, Dunedin

Fitted Hospitality Site, George Street, Dunedin — Food & Beverage · Central Dunedin, Dunedin · Asking $99,000

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…

DealProspect/Listings/Food & Beverage

Fitted Hospitality Site, George Street, Dunedin

Hospitality Site

ActiveFood & BeverageOtagoB2C

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Asking price

$99,000

Disclosed · NZD

Revenue (est.)

~$278,322

Estimated · comparable listings of this type and size

Earnings (est.)

~$50,487

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

Brief

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