Waterfront Restaurant, Whitianga
Restaurant
ActiveFood & BeverageWaikatoB2C
Asking price
$198,000
Disclosed · NZD
Revenue
$828,971
TTM
Profit
$105,172
Implied multiple
1.9×
asking / earnings
Brief
- An exceptional waterfront restaurant in a picturesque harbourside setting in Whitianga
- Modern New Zealand cuisine with a European influence, frequently updated for seasonality
- Currently 100% staff-managed, as the owner has already moved overseas
- An impressive fit-out, glass frontage and great exposure; seating for up to 100 indoors plus 20 outdoors
- A sound lease with cheap rent; potential to add breakfast and lunch; stock at valuation
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