Iconic Pub for Sale Hamilton

Description

Business type: pub

Location: Hamilton, New Zealand

Trading history: more than 20 years

Asking price: $675,000 including stock

Sales and profit

Average weekly sales: more than $22,000 including GST

Two-year average revenue: $1,062,615

Profit to one working owner: $247,127

Venue

Private function rooms: two

Outdoor seating: available

Catchment area: established

Function rooms: separate from the regular customer area

Operations

Staff: experienced team in place

Operating systems: established

Current trading model: does not require seven-day owner involvement

Lease

Annual rent: $92,000 plus GST

Lease term remaining: approximately 10 years

Renewal options: 2026 and 2031

Growth

• Add lunch or brunch trading
• Increase private functions
• Develop group bookings
• Extend selected trading hours

Buyer profile

Possible buyer: working couple or experienced hospitality operator

Hands-on ownership: suitable