A true local institution, this business has a long history of strong trading performance and is now experiencing renewed momentum, with year-to-date revenue and profitability continuing to trend ahead of the previous year, with significant month on month turnover increases signalling towards positive ongoing growth.
Positioned in the heart of Queenstown, the venue includes two versatile function spaces, making it ideally suited for weddings, birthdays, corporate events, and large group dining.
Following COVID-related disruptions, marketing activity has remained relatively limited due to significant personal changes for the current operator. This presents a substantial opportunity for an energetic new owner to further capitalise on the business's strong reputation and upward trading trajectory.
Prior to the pandemic, the restaurant operated extended trading hours including lunch service and achieved greater utilisation of its bar and function areas. Significant scope remains to further reintroduce and expand these revenue streams.
Further growth opportunities also exist, including the potential to establish a second restaurant in the Frankton area.
Key Attributes:
• Year-to-date revenue and profitability continuing to outperform the previous year
• Proven and efficient operating model
• Strong control of labour and food costs within budget
• Well-known for exceptional customer experience and repeat patronage
• Opportunity for further growth, expanded trading hours, and increased marketing activity
• Potential expansion opportunity in Frankton
Price on Application
Contact Greig today - 027 726 3631.
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