Look No Further, Opportunity of a Lifetime!


49 Marine Parade, Napier

Asking Price NZD $350,000 + GST (if any)

Download Email
Look No Further, Opportunity of a Lifetime! | 49 Marine Parade, Napier | 1682791 |      X Close
Image
Description

Look No Further, Opportunity of a Lifetime!


Hog's Breath Cafe Napier has been in operation since 2003. It has a seating capacity of 250 including 40 seats on the deck as well as a separate bar area. The restaurant is ideally located in the heart of the CBD, within walking distance of major tourist attractions and holiday accommodation.

The restaurant is perfectly located with beautiful views of the Pacific Ocean and has a strong customer base within the local community as well as being very popular amongst the tourists visiting the town.

Hog's Breath Cafe is a part of the wider Hog's Breath Cafe Franchise system first established in 1989 in Northern Queensland. Since then the chain has fast expanded into 80 strong outlets and has established a strong name for itself in the Australia and NZ Franchise system market.

The store has a loyal local frequent diner customer base as well as being right in the middle of everything a tourist enjoys in the town. The restaurant has shown consistently strong sales growth over the years and yet has untapped potential to take the sales to greater heights.

The business has reported sales of $1,137,898 and EBIT of $103,628 in FY16.

Priced at $350,000 + Stock at Value + GST (if any)