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Ahuriri, 3 Waghorne Street

Restaurant and Bar for Sale

Price by Negotiation

Listing Number: NA5866
About this listing
After ten successful years the owners of this popular restaurant and bar in Ahuriri are looking to move on. It's now your opportunity!! The Restaurant is open 7 nights a week with seating for 40 and alfresco dining for a further 20. The Bar opens on Friday and Saturday nights with live music and it is a fantastic venue for private functions.

Apart from social media, the business has thrived through word of mouth without being advertised or discounted, regular clientele keep coming back.

Great reviews on trip advisor and regularly booked out, this restaurant not only has a great reputation, but great potential to grow even further. All the ingredients are here for the successful future of this business, now it's your turn to add your own twist.

Call now for more information.
Property Information
  • Legal Name: Three Doors Up Limited
  • Business Name: Three Doors Up / The 4th Door
  • Business description: Restaurant / Bar
  • Business hours
    • Monday: 5.30-10pm
    • Tuesday: 5.30-10pm
    • Wednesday: 5.30-10pm
    • Thursday: 5.30-10pm
    • Friday: 5.30-10pm
    • Saturday: 5.30-10pm
    • Sunday: 5.30-10pm
  • Leased plant: Hand dryer in toilets $47.00 per month
  • Property Type: Restaurant / Cafe, Retail food, Other / Unspecified
  • Gross profit $: 415000
  • Turnover $: Turnover: $630,000, Per: year
  • Lease details
    • Rent $: Rent: $55,000, Per: year
    • Start: 1 March 2013
    • To: 1 June 2016
    • ROR: 3 x 3 years
    • Reviews: Three yearly
  • Opposition: Milk & Honey
  • Customer account / database: nil
  • Licenses and permits: Liquor, footpath dining license, music license
  • Number of staff
    • Part time: 5
    • Full time: 2
  • Listing price details
    • Intangible assets $: 175000.00
    • Tangible assets $: 160000
    • Stock $: 26000.00

Contact Details

Napier

Regent Realty Ltd

Licensed REAA 2008

308 Hastings Street
Napier South
Napier
Office website

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