First time to the market, MOW Bar and Eatery is a great opportunity to own a well-known bar and restaurant in one of the most scenic parts of New Zealand, a new owner could take it to even greater heights. This is the sort of business that rarely becomes available in such an ideal location.
MOW Bar and Eatery is situated in the central Twizel Market Place and has an excellent reputation as a great performer.
Serving craft beer, well-selected wine, and top quality food in a relaxing modern setting with good indoor/outdoor seating options.
With minimal staffing and easy operating hours, they have the mix just right and the numbers show the results, however, there is plenty of scope for a new owner to take this to the next level.
The current owners are willing to provide comprehensive training and are happy to work with the new owners for a negotiated handover period. The business has great operating systems in place ensuring a straightforward process.
For the FY21 year, the business delivered an owner's discretionary surplus of over $250,000 in a COVID affected year and averaging over $330k for the previous two years 2020-2019, making for a desirable return on investment.
If you would like further information either give Mark a call on 027 204 3625 or click on the link below.
Act fast, don't miss out on this great performer.
Asking Price $780,000 plus estimated stock value $15,000
For a confidential discussion, please complete our online confidentiality agreement.
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