Long-established Restaurant for Sale Napier

Description

Business type: restaurant

Location: central Napier, New Zealand

Current status: established operating business

Trading history: many years

Customers and market

Local customers: established

Visitor customers: established

Family customers: established

Repeat customers: stated as strong

Customer base: established

Annual demand: stated as consistent

Revenue performance: stated as stable

Surrounding residential development: ongoing according to the source

Surrounding hospitality development: ongoing according to the source

Premises

Dining area: established

Interior character: distinctive according to the source

Commercial kitchen: fully equipped

Upstairs area: spacious and flexible

Private events: suitable

Functions: suitable

Business expansion within upstairs area: possible

Small-group dining: supported

Large-group dining: supported

Lease

Lease: secure

Renewal options: multiple

Lease options extend to: 2036

Location

Site position: central Napier

Dining location: stated as desirable

Expansion options

• Increase private event activity
• Increase function bookings
• Expand use of the upstairs area
• Increase group dining
• Build on surrounding residential and hospitality development

Potential buyers

• Experienced restaurant operators
• Hospitality partnerships
• Owner-operators
• Existing hospitality businesses

Further information

Additional business information: available on request