Bar Restaurant. Absolute Prime Location!

$900,000Auckland CityListing: #EL00482


Auckland City  


$900,000


Food/Hospitality
Refer to Broker


About this business for sale

Bar 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

Reference: EL00482

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.