Restaurant and Bar for Sale Hamilton

Description

Restaurant and Bar for Sale in Hamilton[UNDER CONTRACT]An excellent opportunity is available to acquire a well-established restaurant and bar located in the heart of Hamilton’s premier dining precinct. With nearly 30 years of continuous operation, the business has developed a loyal customer base across the Waikato region and built a strong reputation within the local hospitality market.Key Highlights:• Strong Financial Performance: FY26 normalised EBITDA of $427,978 on revenue of $1,928,416, reflecting strong profitability and gross margins of approximately 72%.• Iconic Heritage Venue: Character-filled premises located in a historic building with original features, creating a distinctive dining atmosphere and strong customer appeal.• Multiple Income Streams: Four dedicated function spaces generating additional revenue through events, private functions, and group bookings.• Experienced Team in Place: Skilled staff and key management personnel are already established, supporting smooth operations and providing flexibility for ownership involvement.• Long-Term Lease Security: Lease secured through to 2041 with renewal options, offering stable tenure at an annual rent of $197,000 plus GST.• Prime Hamilton Central Location: High-foot-traffic site positioned within Hamilton’s main hospitality precinct, benefiting from strong visibility and ongoing area growth.This business presents an ideal opportunity for buyers seeking a proven hospitality operation with strong cash flow, long trading history, versatile function facilities, and clear potential for future growth in one of the Waikato’s leading dining destinations.Asking Price:$900,000 plus estimated stock of $25,000