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DealProspect/Listings/Food & Beverage

Two Side-by-Side Restaurants, Havelock North

Restaurant

ActiveFood & BeverageHawke's BayB2C
Asking price
$520,000
Disclosed · NZD
Revenue (est.)
~$1,179,941
Estimated · comparable listings of this type and size
Earnings (est.)
~$208,000
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.5×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Two established restaurants side by side in the heart of Havelock North, available individually or together
  • Two distinct dining experiences: one intimate and atmospheric, the other spacious and high-energy
  • Both fully fitted and well maintained, ready for the next owner to scale
  • Upside via increased capacity, extended hours and expanded evening service
  • A new hotel and residential subdivision nearby set to boost foot traffic; suits an owner-operator or partnership