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Restaurant Investment Opportunity in Napier, New Zealand

42-year legacy restaurant seeks investment for expansion and modern upgrades with partial stake sale.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales INR 1 - 2 crore
Run Rate Sales INR 1.87 crore
EBITDA Margin 10 - 20 %
Industries Restaurants
Locations  Napier
Local Time 4:23 PM Pacific / Auckland
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
INR 52 lakh for 40.0% stake (Native Currency: NZD 100,000)
Reason: We need this funding for equipment and furniture upgrades and setting up a new place.
Includes physical assets worth INR 26 lakh
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Business Overview
- Established 42 years ago, this restaurant holds the distinction of being one of the oldest independent culinary establishments in New Zealand, offering rich historical value.
- Strategically located in Napier, the restaurant taps into the vibrant local dining scene and benefits from being ranked among the top 2-4 of 184 eateries in the area.
- With a workforce comprised of just three dedicated employees, the restaurant operates efficiently, ensuring a personal and consistent customer service experience.
- The menu features a curated selection of dishes that represent the diverse culinary landscapes across the New Zealand archipelago, attracting thousands of patrons annually.
- An impressive reputation is maintained with all customer reviews being organically generated, showcasing authentic customer satisfaction without reliance on paid advertisements.
- Despite its size, the restaurant successfully draws a substantial customer base, highlighting its competitive edge and popularity in the bustling Napier restaurant industry.
- As an independent restaurant, it contributes to the sustainability of local businesses while enhancing Napier's reputation as a culinary destination.
Products & Services Overview
A selection of dishes from across the archipelago with thousands of customers.
Assets Overview
Tangible assets:
- Equipment and the restaurant set up.
Facilities Overview
Located on a very prominent Napier's Marine Parade, the space can seat 42 people, currently on a month-to-month lease as we are looking for a new place to move.
Capitalization Overview
Funded privately by one shareholder.
The loan at Heartland Bank has a balance of NZD 2,552.
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1 Investor viewed this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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