Stylish Bar & Bistro for Sale Waikato-Auckland Border

Description

Business type: bar, bistro, grill, gaming and functions venue

Location: developing township on the outskirts of South Auckland, New Zealand

Current status: established operating business

Operating setup: turnkey

Services and facilities

• Bar
• Bistro
• Grill
• Gaming lounge
• Function and event space

Licensed venue capacity: up to 200 guests

Gaming machines: 9

Investment and fit-out

Recent renovation: completed

Fit-out and equipment investment: more than $280,000

Equipment: included in the operating setup

Revenue channels

• Food sales
• Beverage sales
• Gaming revenue
• Function hire
• Event bookings

Customers and market

Community customer base: established

Local support: stated as strong

Local population: stated as growing

Operations

Current trading schedule: approximately 3 to 4 days per week

Current utilisation: below full-week trading capacity

Owner accommodation

Onsite apartment: 1 bedroom

Potential use: owner or staff accommodation

Licensing

Hospitality licence: in place according to the source

Gaming machines: subject to applicable New Zealand gaming regulations and licence requirements

Expansion options

• Extend trading days
• Extend trading hours
• Increase food and beverage sales
• Increase event bookings
• Develop live entertainment
• Increase wedding bookings
• Increase private function bookings
• Increase utilisation of existing venue capacity

Potential buyers

• Experienced hospitality operators
• Bar and restaurant operators
• Events professionals
• Hospitality groups
• Owner-operators