Make An Offer on this Great Investment Pub For Sale in Waikato NZ

Profitable Investment: Top Pub For Sale in Morrinsville, Waikato, NZ.

Motivated Vendors Seek Urgent Expressions of Interest!

Your Best Ever Chance to Own Your Own Pub!

The Top Pub Morrinsville occupies a highly visible site on the main highway between Hamilton and the Coromandel Peninsula (SH26). It is surrounded by very active businesses and enjoys high traffic flows.

The Top Pub comprises Main Bar, Garden Bar, 120-150 seat Restaurant/Function room, professional Kitchen and 16-machine Gaming Room.

The bar, kitchen, gaming commissions, ATM commissions, functions, conferences, etc. provide for many income streams.

There is on-site parking for 50+ vehicles, with large overflow areas available at night.

Over the last 15 months, The Top Pub has undergone massive refurbishment and revival:

• The Restaurant/Function room has been reopened
• Both Bars have been renewed
• A brilliant new Garden Bar has been added in really trendy style
•  Furniture has been renewed indoors and out
• The Kitchen has been extended and refurbished, and now opens to both bar and restaurant/function area
• The Gaming Room has been refreshed
• The premises have been repainted throughout
• Signage has been renewed

The result:  The Top Pub is one of the smartest, best presented pubs you’ll see anywhere. Not a penny to spend here!

And the benefits of this major overhaul are now showing:  for the financial year ended 31 March 2010 turnover was $720,000 with a gross margin of over 60%. 

Further development of the recently opened Restaurant/Function room will see turnover expand again.

The sale includes a comprehensive Chattels list, including two coaches, with a book value (at 31 March 2010) of over $94,000.

Owner accommodation is available to suit the needs of the buyer.

Staff comprises a chef, 2 kitchen hands and 2 bar managers (4 days each).  The staff is highly competent, aware of the sale and keen to continue.

The Top Pub is a brilliant opportunity for a new operator to take advantage of the superb groundwork laid by the present highly professional owners.

Over 10% pa return on capital invested is attainable.

The leasehold interest is also available: contact the brokers for details.

About Morrinsville:

Morrinsville is in the Heart of the Waikato, on the North Island of New Zealand. Situated between the Kaimai Ranges and the Waikato River and set on easy rolling terrain, Morrinsville is surrounded by some of the best dairy farmland in New Zealand.

Farming activity drives a host of thriving service industries and businesses in the town.

Quality accommodation and dining options are complemented by the full range of retail and other services. Excellent schooling is also available. Housing is varied and highly affordable.

Morrinsville is a natural place for a break on the way to the East Coast, West Coast, Rotorua Lakes and Thermals, Waitomo Caves, the unique Coromandel Peninsula and Hamilton City.  All are within easy driving distance. 

The closest Airport is Hamilton International – only 20 minutes away - while Auckland International Airport is just 1 hour 15 mins.   

The population of Morrinsville is some 7,000 and growing, with a catchment area double that.

Morrinsville is Heartland New Zealand at its best – big enough to have it, yet small enough for you to find it! Everything you need, and nothing you don't