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DealProspect/Listings/Food & Beverage

Waterfront Seafood Restaurant, Napier

Restaurant

ActiveFood & BeverageHawke's BayB2C
Asking price
$155,000
Disclosed · NZD
Revenue (est.)
~$429,839
Estimated · comparable listings of this type and size
Earnings (est.)
~$99,042
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.6×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • One of the most popular restaurants in Hawke's Bay, a strong Trip Advisor favourite on Napier's waterfront
  • A relaxed vibe with diners often spilling outdoors, offered as a turn-key operation with a high-quality kitchen fit-out
  • Currently trading only four nights a week, already offering an attractive income, with huge upside
  • Strong potential to extend trading hours by opening as a cafe/restaurant during the day
  • Currently a seafood venue but easily adaptable to any cuisine; seats about 40 indoors plus pavement dining; stock at valuation