Distinguished Restaurant & Wine Bar - An Award Winning Destination - (Cml11459) For Sale

Description

Business type: wine bar and dining venue

Location: Wellington, New Zealand

Asking price: $595,000 including stock

Financial performance

Weekly sales: more than $31,000

Annual profit: more than $230,000

Owner involvement: four nights per week

Wine

Wine range: nearly 1,000 labels

Selection: includes rare and allocated wines

Off-licence: in place

Premises

Customer seating: up to 100

Liquor licence: in place

Staff

Chef: experienced

Front-of-house team: in place

Current staffing structure: established

Reputation

Industry recognition: national and international

Media coverage: established

Customer following: strong

Ownership

Current owners: four investors

Business systems: in place

Buyer profile

Buyer type: hospitality operator, partnership or hospitality group

Wine experience: useful