Family Restaurant & Function Centre

Barker Hospitality Sales is pleased to present a well-established...

LOCATION: Taranaki Price: $350,000 Ref#:BBB2124
Barker Hospitality Sales is pleased to present a well-established, fully licensed restaurant situated close to Whanganui’s Opera House and busy shopping facilities.

The beautiful historical building and wholesome family style dining atmosphere of this restaurant proves very popular with locals and tourists alike. They are also consistently
TOP 10 on Trip Advisor for Wanganui Restaurants.

Offering seating for approximately 120 people in the main restaurant, plus a private function room with seating for 40 people and quality equipment both front of house and in the kitchen - the scope of possibility with this space is endless.

The turnover is currently averaging $19,819.47 per week with April / May 2017 showing $21,109. There is also an existing lease to June 2019 with a right of renewal for 5 years and we are told that the building owner would happily extend lease terms or enter into new and longer lease.

Asking Price: $350,000 (incl plant, fixtures and fittings) + stock at value

For more information to go, register your details and submit the online Confidentiality Agreement for reference #2124. Once Sarah receives your expression of interest she will be in touch.

*Source of information - Supplied by the Business Owner.

Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2017.

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Sarah Sheehy
Number: 09 320 0848
Mobile: 021 605 648
  • Alan from Barker Business was the best thing that happened to us! — Cameron Holm.

  • I have found Barker Business Brokers to be a highly professional and innovative company. Their dedicated team of more than 10 experienced and energetic brokers impressed me immensely. — Brian Douglas.

  • Alan is a very genuine businessman. We were kept well informed throughout the whole process. His communication was prompt and professional, and he works with integrity. — Robert Marson.

  • Brett expertly picked the correct purchasers out of many, and an offer was made in two days after going on the market. Four weeks later the business was sold. — Karen Franklin.


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