Licensed Restaurant, Queenstown Lakes District

Licensed Restaurant, Queenstown Lakes District — Food & Beverage · Queenstown Lakes District · Asking $625,000 plus SAV · Revenue $1,200,000 · Net Profit $241,215

Licensed restaurant in the Queenstown Lakes District now heading into its fifth year of trading, with a loyal base of locals and seasonal visitors Runs an efficient operation with rent well below typical hospitality benchmarks relative to sales Commercial kitchen is fully equipped, reflecting significant past investment, and set up for a smooth changeover Lease runs through to 2039, backed by a…

DealProspect/Listings/Food & Beverage

Licensed Restaurant, Queenstown Lakes District

Restaurant

ActiveFood & BeverageOtagoB2C

Find funding for this deal →View original listing ↗

Asking price

$625,000 + stock

Disclosed · NZD

Revenue

$1,200,000

TTM

Net Profit

$241,215

Implied multiple

n/a

Stock is extra · value not stated

Brief

Licensed restaurant in the Queenstown Lakes District now heading into its fifth year of trading, with a loyal base of locals and seasonal visitors
Runs an efficient operation with rent well below typical hospitality benchmarks relative to sales
Commercial kitchen is fully equipped, reflecting significant past investment, and set up for a smooth changeover
Lease runs through to 2039, backed by a stable team of full-time chefs
Seats around 80 diners inside plus balcony seating, trading evenings only, seven days a week
Vendor finance is available to a qualifying buyer, with room to grow into lunch trade, catering, tourism partnerships and delivery

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