Bar & Entertainment Venue, Whangārei
Bar
ActiveHospitality & TourismNorthlandB2C
Asking price
$320,000
Disclosed · NZD
Revenue
—
Earnings (est.)
~$153,374
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.1×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Well-known hospitality and entertainment venue in central Whangārei with a bold brand and loyal following.
- Rare 3:00am weekend licence allows the venue to capture valuable late-night trade after many other local bars have closed.
- Attracts customers across the full evening, from food, drinks and live entertainment through to a strong late-night crowd from around 11pm.
- Established food, beverage and entertainment offering with documented systems and procedures and flexible beverage supply arrangements.
- Two owners currently work a combined 30 to 35 hours per week, with room for a new owner to build on trading days, food service, private functions and the event calendar.
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