Get Excited - Monteith's Brewery Bar Alexandra | ABC Business

Get Excited - Monteith's Brewery Bar Alexandra

$850,000 - Otago

Industry: Bar / Tavern

#30501

About the Business

It is our pleasure to represent Monteith's Brewery Bar Alexandra on the market for the first time in over 14 years. This is the Central Otago business you have been looking for.

The beauty of Monteith's Alexandra is that the owners only apply a very light touch to the business, meaning it is essentially managed by its extremely impressive staffing structure, effective systems, and procedures throughout, so this business could suit either a hands-on operator or keep the status quo.

Financially the business is showing impressive revenue of well over $1,500,000 per year, and at asking price the business would show a MANAGED return of over 30%. You can't get those types of returns in the property market!

The business occupies a stunning and visibly appealing site and is a true Alexandra icon, drawing local and visitor customers throughout the year with their food and beverage offerings.

Monteith's Brewery Bar is a very strong supporter of the local community, and marketing throughout the year keeps the customers happy and coming back.

Monteiths Alexandra is exceptional regarding quality, consistency, and reputation, and there is still more growth this business can provide a new owner, including morning trade and developing a back courtyard.

With proven results and a great outlook for the financial future, overall this is a fantastic and lucrative business you would be proud to own.

Contact Jono - 021 045 3871 to find out more.

Price $850,000 + stock

To obtain more information please click here to complete a confidentiality agreement

Location: Otago

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Our brokers

Jono Kennedy

021 045 3871

Jono Kennedy

021 045 3871

Contact Jono

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