Link Business

Franchise Hospitality Venue, Ready to Scale

Listing: #EL05428
price

$770,000

Profit

Refer to Broker

sales

$1,811,539

industry

Gisborne

Industry

Food / Hospitality


Anil Vazirani

Broker | Northland

Anil Vazirani

anil.vazirani@linkbusiness.co.nz

+64 9 579 9226

+64 21 0277 8149


About this Business for sale in Gisborne

Franchise Hospitality Venue, Ready to Scale

An established hospitality business with a loyal local following, a management team already in place, and no direct competition in its immediate trading area.

Trading from a prominent Gisborne location, the business operates under a recognised national hospitality franchise, providing strong brand recognition and an established customer base. Ownership has been hands-off since mid-2024, with a manager and duty manager overseeing daily operations, supported by approximately 16 full- and part-time staff.

The venue generates strong turnover from both dinner and bar trade and operates under a Special Class 1 Liquor Licence, permitting liquor sales until 1:00am. A dedicated function space provides an opportunity to cater for private events, functions and group bookings. The venue also records the highest bar trade within the franchise group.

With seating for over 200 patrons, the business offers genuine scale and capacity. There is currently no lunch trade, presenting an opportunity for a new owner to explore additional revenue through introducing lunch service, together with maximising the existing late-night licence and function space.

Key Strengths

  • Recognised national franchise brand with a loyal local following
  • Limited direct competition for this style of venue in the immediate area
  • Experienced management team in place, supporting a smooth transition
  • Special Class 1 Liquor Licence permitting trade until 1:00am
  • Dedicated function space for events, private functions and group bookings
  • Seating for 200+ patrons across dining, bar and function areas
  • Opportunity to introduce lunch trade and further develop event-led nights
  • Tavern-style trading capability under the Class 1 Liquor Licence
  • Highest average beverage/alcohol spend per person within the franchise group

 

With no working owner currently involved, the business is well suited to an investor or purchaser looking to retain the existing management structure. A hands-on owner-operator could also explore opportunities to further enhance performance through closer oversight of service, cost management and customer experience.

Strong brand recognition, an established team and a well-positioned local market make this a compelling business opportunity. Contact Anil Vazirani or Ron Vazirani for further information.

Asking Price: $770,000 + SAV

Anil Vazirani, +64 21 0277 8149, anil.vazirani@linkbusiness.co.nz 
Ron Vazirani, +64 21 294 2978, ron.vazirani@linkbusiness.co.nz 

 

*Please refer to the LINK website for full disclaimers. 
 

Northland
anil.vazirani@linkbusiness.co.nz
+64 9 579 9226
+64 21 0277 8149

Anil Vazirani

Enquire Now
Northland
ron.vazirani@linkbusiness.co.nz
+64 9 579 9226
+64 21 294 2978

Ron Vazirani

*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.