Napier Marine Parade Licensed Restaurant

Napier Marine Parade Licensed Restaurant — Food & Beverage · Napier · Asking $89,000

Licensed restaurant on Marine Parade in central Napier, with nearby customer parking. Trading as an ethnic restaurant, though the site suits other hospitality concepts. Roughly 40 covers, with a liquor licence already held. Around 15 years of trading under an established local brand. Hours and lunch service have been scaled back, so trade sits below what the site can carry. The vendors are…

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Napier Marine Parade Licensed Restaurant

Restaurant

ActiveFood & BeverageHawke's BayB2C

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Asking price

$89,000

Disclosed · plus stock · NZD

Revenue

—

Earnings

—

Implied multiple

n/a

Stock is extra · value not stated

Brief

Licensed restaurant on Marine Parade in central Napier, with nearby customer parking.
Trading as an ethnic restaurant, though the site suits other hospitality concepts.
Roughly 40 covers, with a liquor licence already held.
Around 15 years of trading under an established local brand.
Hours and lunch service have been scaled back, so trade sits below what the site can carry.
The vendors are selling after six years to focus on family.

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