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DealProspect/Listings/Food & Beverage

Leasehold Restaurant and Bar, Wanaka

Restaurant

ActiveFood & BeverageOtagoB2C
Asking price
N/A
Disclosed · NZD
Revenue
Earnings
Implied multiple

Brief

Opportunity to acquire the leasehold interest and full operating assets of a long-running Wanaka hospitality venue on Ardmore Street, within the town's established dining and entertainment precinct. Trading continuously under the same ownership for two decades, the venue offers both indoor dining and an outdoor courtyard, and the sale includes all plant, equipment, chattels, fixtures and fittings ready for a new concept or an existing brand, subject to landlord approval. The trading name and brand are excluded from the sale, and the lease runs through to 2028 with further renewal rights available.

Restaurants in Otago

All 8
Listed
8
+1 in 30 days
Median asking
$385K
7 priced
Median revenue
$1.2M
5 disclose
Earnings multiple
2.1×
83 listings
Asking price spread7 of 8 state a price
29%
43%
14%
14%
$100K–$250K$1M–$2.5M

New Zealand 119 · Auckland 57 · Canterbury 19 · Bay of Plenty 10