Bar Restaurant. Absolute Prime Location!
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About this business for saleBar Restaurant. Absolute Prime Location!
Owner has moved overseas. Fabulous opportunity now to secure this place at a great price!
This Bar and Restaurant occupies an exceptionally prime spot in one of Auckland’s most desirable suburbs.
At its peak this business enjoyed sales in excess of $4m (including GST) per annum. A major refurbishment happened just before Christmas to part of the business and that side is again on the ‘up’.
The fit-out is simply stunning. You could not set this place up again for under $2m and a recent refurbishment means that there is nothing to be done.
- Stunning location
- Huge alcohol sales
- Very genuine growth opportunities
- Huge site
Price reduced to $900,000 plus stock or nearest reasonable offer
+64 9 555 6039
+64 21 676 832
*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.