Link Business

Speights Ale House, 250-Guest Nelson Venue

Listing: #CS01078
price

$495,000

Profit

Refer to Broker

sales

$2,000,000

industry

Nelson

Industry

Food / Hospitality


Stu Allan, GDBA

Broker | Nelson - Tasman

Stu Allan, GDBA

stu.allan@linkbusiness.co.nz

0800 546 528

+64 27 436 9091


About this Business for sale in Nelson

Speights Ale House, 250-Guest Nelson Venue

Speights Ale House is one of Nelson's most recognised hospitality venues, with genuine scale and versatility rarely available in one package.

Trading since 2011 and under current ownership since 2018, Speights Ale House has built a loyal local following alongside strong seasonal tourism trade. Positioned within Nelson Junction, one of the region's highest-traffic commercial precincts, the business benefits from nationwide recognition through its Speights branding, giving it instant credibility and built-in marketing support.

The venue's scale sets it apart. A main floor, mezzanine, outdoor deck and dedicated function space support trade across weekday lunches, weekend dining, sports bar trade and private functions for up to 300 guests, plus a separate 60-seat meeting space for hire. Annual revenue exceeds $2 million.

Key strengths:

  • Annual revenue exceeding $2 million
  • Recognised Speights branding with national marketing support
  • Large-format venue with 300-guest function capacity
  • Long-term lease secured to 2031 on improved terms
  • Diversified customer base across local, sports and tourism trade
  • Experienced front of house and kitchen teams in place
  • Additional revenue through functions, meeting space and motel charge-backs
  • Assets transfer free of finance obligations.


Speights Ale House currently trades without a working owner on site, run day to day by an experienced team. It suits a buyer ready to step into an active, hands-on role, or a strategic hospitality operator looking to add a well-known Nelson venue to their portfolio. Vendor support is available through a structured handover.

Few Nelson hospitality businesses combine this scale, brand recognition and lease security. Contact Stu Allan at LINK Business for more information.

 

Stu Allan, +64 27 436 9091, stu.allan@linkbusiness.co.nz 

*Please refer to the LINK website for full disclaimers. 

Nelson - Tasman
stu.allan@linkbusiness.co.nz
0800 546 528
+64 27 436 9091

Stu Allan, GDBA

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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.