An Outstanding Waiheke Island Restaurant Opportunity -
Located in the heart of the bustling Oneroa village, a popular spot for locals and tourists, is The Local. A uniquely Kiwi casual dining experience with a well-established offering and a well-managed team, The Local affords customers breathtaking views across Oneroa Beach and the waters of the Hauraki Gulf.
Opened in 2014, this business has seen six summers of growth and has become a popular
"must do' destination for tourists and locals alike. There’s nothing quite like sitting back and relaxing on the deck with feel-good fresh fish’n’chips, burgers, and cold beer while taking in the stunning sea air and views for miles.
With a strong social media presence and new website, The Local has won The Urban Lists Top Ten Fish’n’Chips Awards in Auckland three times.
The 82-seat restaurant has a new 12 year lease which is now in it’s second year, so taking over the current format and running this business ‘as is’ offers great yield for many years to come. There’s also the option to build on their business model and explore other revenue generating avenues.
There is a liquor license from 10am to midnight seven days per week, making The Local a popular evening spot as well and with the al-fresco deck recently built and completed in March 2019, it is so much more than just a restaurant! Construction of an all-weather roof cover and weather-proofing of the deck is to be installed in Feb 2020, which will generate more revenue across the seasons and vastly extended use of this space. The next stage would be to put in outdoor heating and a permanent sound system.
With a booming trade expected with the upcoming America's Cup, take over this successful business today and take advantage of the current owners plans to retire.
For more information or to view - Call The Boys
For Sale - $625,000 + GST (if any)
View - By appointment
For more information, please view - https://www.bayleys.co.nz/2151506