CBD Bar for Sale Wellington

Description

Business type: bar

Location: Wellington CBD, New Zealand

Asking price: $89,500 plus stock

Sales

Weekly sales: approximately $12,000 including GST

Location

Position: central Wellington hospitality precinct

Foot traffic: strong

Nearby: food and entertainment businesses

Premises

Fit-out: modern

Bar setup: fully operational

Customer seating: large

Additional capital spend: limited

Operations

Staff team: established

Operating systems: in place

Current marketing: limited

Evening trade: underdeveloped

Growth

• Increase marketing
• Add events
• Develop late-night trade
• Increase evening sales

Buyer profile

Buyer type: experienced hospitality operator

Investment

Entry price: below replacement cost