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European Style Restaurant for Sale Coromandel

Coromandel, ID 163622

European Style Restaurant for Sale Coromandel 1
European Style Restaurant for Sale Coromandel 1
Asking price:
NZD $198 000
Owner
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Description

Exceptional harbourside restaurant for sale in Whitianga, offering a welcoming dining experience and a modern New Zealand menu with European influences. The menu is thoughtfully crafted and updated seasonally using premium market produce. This is a rare opportunity to acquire one of the area’s premier dining venues, perfectly positioned along the waterfront. Key features * Operated under 100% staff management, as the owner has relocated overseas * High-end fit-out, standing out as one of the coast’s most premium restaurants * Excellent waterfront location with glass frontage and strong exposure * Weekly sales approximately $12,000 * Operating six days a week, 5:00pm to 9:00pm, Tuesday to Sunday during winter for dinner only * Growth potential by adding breakfast and lunch services * Full kitchen with quality equipment, walk-in cool room, and freezer * Secure lease with low rent at $995 per week excluding GST * Seating for up to 100 indoors plus 20 outdoor seats * All equipment fully owned with no leases * Managed profits before depreciation $105,172 per annum Asking price $198,000 plus stock at valuation.

Details

Real Estate: Lease
Reason for selling: Relocation
Asking price: 198 000 nzd
Rent (per year): 47 760 nzd

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