Freehold BBQ Joint for Sale Bay of Plenty

Description

Business type: BBQ restaurant

Current status: established operating business

Property type: freehold restaurant property

Property and business: offered for sale

Business-only asking price: $400,000 plus stock

Freehold property asking price: $860,000

Property

Land area: approximately 4,000 sqm

Land tenure: freehold

Papamoa: approximately 50 minutes away

Restaurant building: included with the freehold property

Commercial kitchen: large

Outdoor BBQ area: dedicated

Customer viewing of BBQ cooking process: available

Outdoor seating areas: multiple

Lawn area: expansive

Outdoor dining: available

Family gathering space: available

Restaurant refurbishment: completed

Operations

Trading days: 5 days per week

Experienced team: in place

Staff reliability: stated as strong

Revenue channels

• Restaurant sales
• Event revenue

Financial profile

Sales growth: stated as consistent year on year

Profit growth: stated as consistent year on year

Expansion options

• Increase event hosting
• Increase annual event frequency
• Increase utilisation of outdoor seating areas
• Increase utilisation of lawn area
• Expand outdoor dining activity

Transaction details

Business-only purchase: available

Stock: additional to the business-only asking price

Freehold property purchase: available