Well-Established Restaurant, Tauranga

Well-Established Restaurant, Tauranga — Food & Beverage · Tauranga · Asking $380,000 · Revenue $1,150,000 · SDE $150,000

One of Tauranga's best-known hospitality venues, with large dining, kitchen and storage spaces Solid liquor licence in place, not yet used to full potential Experienced front and back of house team and strong reputation; water views Growth potential through extended trading hours (currently 5 days a week)

DealProspect/Listings/Food & Beverage

Well-Established Restaurant, Tauranga

Restaurant

ActiveFood & BeverageBay of PlentyB2C

Find funding for this deal →View original listing ↗

Asking price

$380,000

Disclosed · NZD

Revenue

$1,150,000

TTM

Earnings

$150,000

Implied multiple

2.5×

asking / earnings

Brief

One of Tauranga's best-known hospitality venues, with large dining, kitchen and storage spaces
Solid liquor licence in place, not yet used to full potential
Experienced front and back of house team and strong reputation; water views
Growth potential through extended trading hours (currently 5 days a week)

Restaurants in Bay of Plenty

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Listed

+4 in 30 days

Median asking

$350K

7 priced

Median revenue

$1.1M

6 disclose

Earnings multiple

2.1×

76 listings

Price drops

in 30 days

Asking price spread7 of 9 state a price

This listing · $380K

43%

14%

$100K–$250K$1M–$2.5M

Auckland 58 · Canterbury 21

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