Licensed Restaurant, Queenstown Lakes District
Restaurant
ActiveFood & BeverageOtagoB2C
Asking price
$625,000
Disclosed · NZD
Revenue
$1,200,000
TTM
Earnings
$241,215
Implied multiple
2.6×
asking / earnings
Brief
- Licensed restaurant in the Queenstown Lakes District, now entering its fifth year of operation, with a strong reputation among locals and seasonal visitors
- Efficient operations with an exceptional rent-to-sales ratio, significantly outperforming hospitality benchmarks
- Fully equipped commercial kitchen with substantial historical investment, ready for a seamless transition
- Long-term commercial lease secured until 2039, supported by a stable, experienced core team of full-time chefs
- Configured for 80 indoor diners plus balcony seating; trading 5pm-9pm, seven days a week
- Vendor finance available to a suitably qualified purchaser
- Uncapped growth potential through expanding into lunch service, digital marketing, corporate catering, tourist partnerships and ghost-kitchen delivery
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