That rent number is the first thing serious hospitality buyers will notice.

Most restaurants get squeezed because the rent is too heavy for the turnover. Here, the rent is only $2,870.83 + GST per month, around $34,450 + GST per year.

Against sales close to $1,000,000, that puts rent at roughly 3.5% of turnover.

That is not common.

This is a well-established licensed Restaurant and Bar with a proper dining setup, seating for around 60, a strong local customer base, and the kind of fit-out that already feels warm, comfortable and finished. It is not a project. It is not an empty shell dressed up with hopeful language. It is a real operating business with real numbers behind it.

The business is currently producing profit around $250,000, and it only trades five days a week.

That matters.

A new operator has obvious room to move, extra trading days, stronger lunch trade, more evening energy, private functions, wine nights, group bookings, local marketing, and a sharper push around the venue’s already established food and wine offer.

There is a lot here already working. The next owner does not need to reinvent the place. They just need to take what is already there and push it harder.

The asking price is $290,000 incl stock.

Full information is available after confidentiality approval.

For the Information Memorandum, contact Jack Crosti at 021 0909 5252 or email at jack@lumi.nz

*Images displayed are indicative only and are used for marketing purposes. They may not represent the actual venue.