Price
$190,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Bay of Plenty Region, Tauranga
Category
Food/Hospitality, Bars/Nightclubs
Listing #
13978
This sports bar boasts a premium location in the always busy Greerton suburban shopping centre and would be a fantastic bar for an owner operator. The current owner of 8 years, who is retiring, describes it as a great earner with a substantial site rental coming in from the 18 gaming machines as well as good bar sales to regular customers. A very reasonable rent of $24,000 helps the profitability. A working owner, with part time bar help, could enjoy a $100,000 per year income. This is a very good business, with a long stable history, that is only offered for sale as the owner wishes to retire. Your early enquiry is advised !
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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