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DealProspect/Listings/Hospitality & Tourism

Acropolis Cafe Bar & Grill, Whangarei

Restaurant

ActiveHospitality & TourismNorthlandB2C
Asking price
$250,000
Disclosed · NZD
Revenue (est.)
~$661,026
Estimated · comparable listings of this type and size
Earnings (est.)
~$159,744
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.6×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Established Greek restaurant and bar in a premium waterfront position at Port Nikau Marina
  • Limited direct competition in the Greek dining sector within the wider Northland region
  • Strong online reputation with high ratings across TripAdvisor, Google and Facebook
  • Currently trades limited hours and days, leaving scope to expand trading and income
  • Owners selling to return home for family reasons