Hexton, Gisborne

An established hospitality business with a loyal local following, a management team already in place, andno direct competition in its immediate trading area.Trading from a prominent Gisborne location, the business operates under a recognised national hospitality franchise, providing strong brand recognition and an established customer base. Ownership has been hands-off since mid-2024, with a manager and duty manager overseeing daily operations, supported by approximately 16 full- and part-time staff.The venue generates strong turnover from both dinner and bar trade and operates under a Special Class 1 Liquor Licence, permitting liquor sales until 1:00am. A dedicated function space provides an opportunity to cater for private events, functions and group bookings. The venue also records the highest bar trade within the franchise group.With seating for over 200 patrons, the business offers genuine scale and capacity. There is currently no lunch trade, presenting an opportunity for a new owner to explore additional revenue through introducing lunch service, together with maximising the existing late-night licence and function space.Key Strengths Recognised national franchise brand with a loyal local followingLimited direct competition for this style of venue in the immediate areaExperienced management team in place, supporting a smooth transitionSpecial Class 1 Liquor Licence permitting trade until 1:00amDedicated function space for events, private functions and group bookingsSeating for 200+ patrons across dining, bar and function areasOpportunity to introduce lunch trade and further develop event-led nightsTavern-style trading capability under the Class 1 Liquor LicenceHighest average beverage/alcohol spend per person within the franchise group With no working owner currently involved, the business is well suited to an investor or purchaser looking to retain the existing management structure. A hands-on owner-operator could also explore opportunities to further enhance performance through closer oversight of service, cost management and customer experience.Strong brand recognition, an established team and a well-positioned local market make this a compelling business opportunity. Contact Anil Vazirani or Ron Vazirani for further information.Asking Price:$770,000 + SAVAnil Vazirani, +64 21 0277 8149, anil.vazirani@linkbusiness.co.nzRon Vazirani, +64 21 294 2978, ron.vazirani@linkbusiness.co.nz*Please refer to the LINK website for full disclaimers. Ref: EL05428 Timestamp: 20260924101502