Restaurant Bar With A Real Buzz. Profitable Too!

$725,000Auckland CityListing: #EL00610


Auckland City  


$725,000


Food/Hospitality
$230,000


About this business for sale

Restaurant Bar With A Real Buzz. Profitable Too!

This such a cool place! There has been a massive buzz about it both in magazines and online and it is a real Social Media hit.

The fit out is uber chic and the layout is great. There is such a light feeling about the place with an easy flow from inside to a stunning covered outside space.  The owners have done a wonderful job building a desirable dining and drinking destination in this always popular suburb.

The business is strong.  Sales are over $20k per week and, with strong alcohol sales, the margins are excellent.

A working owner should be able to achieve a surplus of $230,000 plus here.  Currently it is fully managed.

  • Ultra desirable location
  • Amazing fit out and feel to it
  • Superb margins
  • Strong lease in place
  • Massive Social Media presence
  • Very real opportunity for continued growth
  • Currently fully managed

If you are after a very special business in this sector you really should not go passed this one without giving it serious consideration.

Asking $725,000 plus stock

Reference: EL00610

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.