Price
$249,000 plus stock
Profit *
$102,150
Sales Revenue
$673,831
Location
Auckland Region, Auckland City
Category
Food/Hospitality, Bars/Nightclubs
Listing #
EL02965
Situated smack bang in the heart of the Mt Albert shops, there is a real buzz and energy to this place. The owners thoughtfully set this business up from scratch for everyone to enjoy. There are a dozen beers on tap to satisfy those craft beer drinkers, a kid's playroom for the parents who want a night off cooking and an excellent cocktail list to enjoy outside in the sun.
It's not often a Bar & Eatery/Gastro Bar comes to market, and this one is a goodie! A perfect business for either a first time operator or someone more experienced looking for what could be a little bit of a project.
Whilst the business is trading well and produces a nice profit, there is still a lot that can be done here. It is currently fully managed, and has been since inception; therefore, someone a bit more hands-on could easily increase sales and reduce costs.
Business Highlights
Well priced as an excellent entry point to a business with so much potential. Do not hesitate, get in touch now.
Asking Price – $249,000 + stock
Call me today to have a confidential discussion –
Jeff Wiley
021 555 384
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*Profit: 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.
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