Profitable Coastal Sports Bar with 18 Gaming Machines

Are you looking to own a thriving hospitality business in a sought-after coastal location? This well-established sports bar offers an incredible opportunity to invest in a profitable venture, set in a prime area known for its beautiful beaches and vibrant community.

Business Highlights:

  • Strong Financial Performance: Potential profit for one working owner is estimated at $171,774 based on FY24 financials provided by the vendor.
  • Consistent Revenue from Gaming: 18 gaming machines generate Gross Machine Profit (GMP) between $25,000 and $30,000 per week.
  • Growing Bar Sales: Vendor reports weekly bar sales ranging from $10,000 to $12,000, with potential for further growth.
  • Fully Managed Operation: Business is currently fully managed by staff, offering a hands-off opportunity for the new owner.
  • Spacious Venue: The large premises are ideal for hosting big functions and events, adding another revenue stream.
  • Additional Income Sources: Income is also generated from pool tables and a self-service TAB terminal.
  • Kitchen Potential: The bar features a fully functional kitchen, currently operating below capacity. When previously utilized at full capacity, food & bar sales exceeded $15,000 per week. This presents a significant opportunity for an experienced hospitality operator to expand the food service and further increase revenue.

This is a rare chance to own a profitable and well-loved business in a desirable coastal town. Contact us today for more information or to arrange a private viewing.

Asking Price $540,000 plus stock

Please complete the online confidentiality agreement by visiting the link - https://www.kauribusiness.co.nz/business-for-sale/142/

Post executing the NDA, we will be in touch to understand your business experience and financial position.

Khushdeep Sharma
khush@kauribusiness.co.nz
Mobile: 022 373 8555 

Kauri Business Sales (Licensed REAA 2008)

Price $540,000 + Stock
Business ID 142
Category Food/Hospitality, Food/Hospitality

Agent Details

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Khushdeep Sharma

022 373 8555
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