Auckland Hospitality Giant. Sales $3.2m. EBITDA $550k

One of the most attractive hospitality listings around and at a spectacular price.

This is a super solid performer. It has achieved sales of $3m+ year after year after year.

If ever there was a bullet-proof hospitality business – this is it. The location and sheer aura of this place ensures that competitors need not apply for a space in this upmarket suburb!

BUSINESS HIGHLIGHTS

• Sales over $60k per week
• Food : beverage split almost 50:50
• Rent is UNDER 5% of sales
• Over 12 years of success
• Strong lease in place to 2033
• Stellar reputation

Operationally, this business is fully managed with a very talented team in place.  The current owner oversees things from a business perspective. The systems and processes are all nicely bedded-in.

WHO WILL BUY THIS DIAMOND?

You may already be in the hospitality business and looking for a strong performing ‘add on’ to your portfolio.  You may be someone new to the business and looking to own an enviable and lucrative cafe, bar, restaurant. You may be someone who wants to oversee the business end and allow the talented staff to run the show.

This one is just superbly priced for this level of business and will go quickly.

Contact me for a highly confidential chat and I will be happy to tell you more.

Price $1.55m plus stock
 

Nick Giles, 021 676 832, nick.giles@linkbusiness.co.nz

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

#hospitality #restaurant #wesellbusinesses #auckland #fullymanaged