Established Mediterranean Bistro - $1M+ Sales, Prime Location
After 17 years under the same dedicated ownership, this iconic Mediterranean-style bistro in the heart of Newmarket is now available for new owners to take the reins. With indoor/outdoor seating for 100, a full license, and a loyal customer base, this is a rock-solid hospitality operation in a location that just keeps getting better.
Annual sales in FY25 are tracking over $1,000,000, with a $100,000 working owner profit-but this isn’t the ceiling. The business previously generated $150,000 profit (FY23), and current performance suggests it’s firmly on the rebound.
The fit-out is elegant but efficient. The systems are well-established. The team is experienced. And the location? Unbeatable. Positioned on one of Newmarket’s most active pedestrian strips, with outdoor dining protected and enhanced by Auckland Council investment, this business enjoys natural exposure and year-round patronage from shoppers, professionals, residents, and tourists.
Business Highlights
- Longstanding ownership of 17+ years
- FY25 sales tracking over $1,000,000
- $100,000+ profit to a working owner
- Prime Newmarket location with heavy foot traffic
- Council-backed streetscape investment protecting value
- Licensed operation, currently open 6 days/week
- Mediterranean menu with strong local following
- Seating for 100+ across interior & covered outdoor area
- Strong online reputation (Google, TripAdvisor etc.)
- Lease to 2027 + 6-year renewal
Why Buy Now?
- Proven performer in a premium hospitality strip
- Longtime owners ready for a smooth handover
- Rebounding profitability offers clear upside
- Experienced team and strong systems in place
- Growth potential via extended hours, catering, and digital sales
Asking $299,000
This isn’t a startup, a rebrand, or a risk play. It’s a stable, recognisable, and well-run venue with decades of goodwill behind it-and room to grow in front of it.
Own one of Newmarket’s most established and trusted dining names-before someone else does.
Contact Max now to find out more!
Max Wensauer, 021 256 6269, max.wensauer@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
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Ref: EL04899
Timestamp: 20251014071502
