Sports Bar & TAB for Sale Taranaki

Description

Business type: hotel and hospitality business

Location: Taranaki, New Zealand

Current status: established operating business

Operating model: largely staff-managed

Accommodation

Rentable rooms: 13

Guest markets: locals, travellers and transport operators

Food and beverage

Commercial kitchen: fully equipped

Restaurant seating: 25

Food and beverage services: established

Revenue channels

• Accommodation
• Restaurant and food sales
• Beverage sales
• Gaming machines
• ATM rental income
• Pool table income
• Brewery rebates
• TAB commissions

Gaming and wagering

Gaming machines: 18

TAB commissions: additional revenue stream

Gaming and wagering activities: subject to applicable New Zealand licensing and regulatory requirements

Customers and market

Customer base: established

Customer loyalty: stated as strong

Local competition: stated as minimal

Site visibility: stated as high

Transport operator market: supported by truck-friendly parking

Premises

Parking: ample

Truck-friendly parking: available

Premises tenure: leasehold

Leasehold property: available for purchase

Staff and operations

Day-to-day operations: largely staff-managed

Current owner involvement: limited

Hands-on owner operation: possible

Expansion options

• Expand food offering
• Expand beverage offering
• Increase marketing activity
• Improve operational efficiencies
• Increase owner involvement
• Increase utilisation of existing accommodation and hospitality facilities

Potential buyers

• Hospitality owner-operators
• Hotel operators
• Hospitality investors
• Existing accommodation businesses
• Strategic hospitality buyers