It is housed in a prominent art deco-styled building dating back to the early 1900s and is commonly referred to by locals as the T&G Building (formerly the home of Temperance and General Insurance).
Directly opposite the Napier visitor information centre, museum and the Napier Soundshell, it is in a high-traffic area for tourists and locals during Marine Parade events.
''The Lone Star Cafe and Bar occupies one of the most desirable central business district locations in Hawke's Bay and benefits from exposure to high volumes of vehicle and foot traffic daily,'' Mr Hannah said.
The business comprises a bar and restaurant offering a dinner menu of classic kiwi food including steak, fish, ribs and chicken.
The restaurant comfortably seats 110 people, with room for more on the mezzanine floor which is available for private
functions. There is a separate bar entrance off Marine Parade and an outdoor covered area.
Mr Hannah said that although Napier's nightlife had drifted from Marine Parade to Ahuriri, the Lone Star had maintained
a loyal clientele and was particularly popular with families.
''This is a great opportunity for an existing business owner or someone looking to get into the hospitality industry to lasso a business opportunity with an established brand and strong reputation.''