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DealProspect/Listings/Hospitality & Tourism

Speights Ale House, Nelson

Bar

ActiveHospitality & TourismNelsonB2C
Asking price
$495,000
Disclosed · NZD
Revenue
$2,000,000
TTM
Earnings (est.)
~$384,600
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Large-format hospitality venue in Nelson Junction, one of the region's highest-traffic commercial precincts
  • Trading since 2011, with nationwide brand recognition and marketing support through its Speights branding
  • Main floor, mezzanine, outdoor deck and dedicated function space for up to 250 guests
  • Long-term lease secured to 2031 on improved terms
  • Runs day-to-day by an experienced team without a working owner on site