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Distinguished Restaurant & Wine Bar for Sale Wellington

Wellington City, ID 201605

Distinguished Restaurant & Wine Bar for Sale Wellington 1
Distinguished Restaurant & Wine Bar for Sale Wellington 1
Asking price:
NZD$595 000
Turnover (per year): $1 488 000 nzd
Net profit (per year):$230 000 nzd
Owner
Owner's representative

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Description

Business type: wine bar

Location: Wellington, New Zealand

Sales

Weekly sales: more than $31,000

Annual profit to one working owner: more than $230,000

Owner involvement: four nights per week

Wine

Wine range: approximately 1,000 labels

Rare and allocated wines: included

International wine selection: extensive

Premises

Customer seating: up to 100

Dining area: established

Licence

Liquor licence: in place

Off-licence: included

Operations

Chef: experienced

Front-of-house team: established

Operating systems: in place

Current ownership: four investors

Customers

Regular customer base: established

Hospitality industry recognition: strong

Media recognition: established

Buyer profile

Buyer type: hospitality operator, partnership or hospitality group

Wine experience: beneficial

Details

Real Estate: Lease
Asking price: 595 000 nzd
Turnover (per year): 1 488 000 nzd
Net profit (per year): 230 000 nzd

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