Restaurant Bar Fully Managed. Profits to $860K

$3,000,000Auckland CityListing: #EL00461


Auckland City  


$3,000,000


Food/Hospitality
$860,000


About this business for sale

Restaurant Bar Fully Managed. Profits to $860K

A rare opportunity here to invest in an exceptionally solid hospitality business. Over 15 years of history here with very steady sales.

You can have as much or as little involvement as you want. None if that suits!

  • $5m sales
  • Extremely well controlled costs
  • Wonderful premises with high quality fit-out
  • A Management Fee covers all operational management
  • Probably the steadiest hospitality business I have seen in terms of consistent sales
  • Enjoy over 26% return on Investment

This is a premium investment and would suit anyone looking for a passive investment; or anyone who would like to be more involved with the business, but have the security of knowing that a strong team is behind you.

Asking $3m plus stock

Reference: EL00461

Auckland - Ellerslie
nick.giles@linkbusiness.co.nz
+64 9 555 6039
+64 21 676 832

Nick Giles

*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.