Shake cocktails, play music and own the vibe! Dreaming of running your own bustling bar and eatery in a postcard-perfect seaside town? The Nauti Penguin in Russell is now available for sale. This iconic venue is a crowd-puller, known for it’s relaxed vibe, mouthwatering food, craft beer, cocktails, live entertainment, and is a much-loved hospitality business in the heart of the Bay of Islands.
This business is located on York Street, which is situated close to the stunning Russell waterfront. The Nauti Penguin enjoys excellent road frontage surrounded by boutique shops and accommodation providers, which attracts a steady stream of foot traffic from tourists and local customers. This central and highly visible location provides a strong foundation for continued success.
The Nauti Penguin offers an exceptional opportunity to step into a profitable and growing business with a strong local following and year-round tourist appeal. The business also offers a well-diversified income stream from the bar and restaurant operations, as well as gaming machines, off-licence liquor sale and events in the large outdoor area at the rear. The Nauti Penguin is home to Classis Rock event that generates serious liquor sales. Open six days a week with consistent trading hours and managed by fully trained staff, the Nauti Penguin is a profitable and ready-to-run business with a solid reputation. With a good lease in place, the venue has a great fitout with a full commercial kitchen, and welcoming indoor and outdoor seating options.
Whether you're an experienced operator or chasing the dream of owning your own bar and restaurant venue in the Bay of Islands, The Nauti Penguin offers a turnkey business ready for new owners to step in and build on its momentum.
For Sale $425,000 + SAV + GST (if any)
Stock at Value estimated at $39,000 + GST
Contact us now for more information.
