Business For Sale. Restaurant/bar 75k Urgent Sale

This restaurant & Bar is possibly one of the best fitted out businesses of this type, on the Coromandel Peninsula. Set up originally as the restaurant/bar to the then motor lodge built over 30 years ago, it has been run as a separate entity for the last 10 years. The business still has a relationship with the motor lodge taking in pre booked set menu meal bookings which adds up to $9,000 turnover some months, plus casual bookings from the lodge guests, according to the current owner.

The current owners have added to the very upmarket decor which includes many nautical themed artefacts and shell decorated furniture with very interesting histories, with some stunning art works by artist Christine Gavin which can be purchased separately if desired. The restaurant has a large commercial kitchen that produces a range of dishes from a cafe style brunch menu which is surprising affordable, to an extensive a-la-carte evening menu which has earned it reviews such as the 'Best food, service & ambience in the Coromandel' review by Food & Travel Writer Marie Barberi.

There is a superb mix of outdoor and indoor dining options that provide for all tastes and requirements and a great island bar in the centre of the restaurant with an extensive range of drinks available.

The restaurant/bar also boasts a top of the range sound system with a quality range of pre selected music and even a lounge area complete with large open fire that is lit during the winter months to create some of the best ambiance you could find on the Coromandel.

Situated on the main road through town this is one of the few restaurants available to host the growing tourist market including the bus loads that pass through the town and also the growing market of free-travellers doing the Coromandel loop. The owners of this business have great pride in providing a constant service to visitors and locals year round so you can always count on getting an evening meal and a drink no matter what time of year it is.

The restaurant seats 40 outside and 60 inside, turnover from February 2012 to January 2013 has been $346,900 incl GST and the lease current until September 2016.

It has well trained staff, great decor and a superb menu all in place so here is an enviable opportunity to purchase a business that offers a great place to work for an owner operator, in one of the most beautiful seaside villages in New Zealand.