Price
$239,000
Profit *
$160,000
Sales Revenue
$1,530,000
Location
Auckland Region, Auckland City
Category
Food/Hospitality, Restaurant
Listing #
EL04715
Tighten the costs and reap the rewards!
This is a rare chance to take over one of Auckland’s most admired and talked-about restaurants — a multi-award-winning dining hotspot in a prime CBD location that everyone knows.
THE NUMBERS
The business is doing serious numbers — over $1.5 million in annual sales — and the brand has real pulling power. The fit-out is gorgeous, the food is sensational, and the venue hums day and night.
But here’s the kicker — the wages are running high at over 40% of sales.That’s not sustainable long-term, and it’s exactly where the upside sits. A shrewd, hands-on operator who knows how to lead a team and drive efficiencies could knock that down to 30–35% without breaking a sweat. Do that, and the profitability instantly jumps.
Rent’s on the higher side too, but when you’re sitting in one of themost desirable, high-foot-traffic CBD spots in the country, you’re paying for prime exposure — and it delivers.
As it stands there’s around $160k here for a working owner but control those wages and things get pretty exciting!
OPPORTUNITY KNOCKS
This is a turnkey, high-profile operation ready for a passionate, switched-on new owner who can bring focus, control, and fresh energy. The hard work of building the brand and the customer base is already done — now it just needs a sharp operator to tighten the numbers and reap the rewards.
If you’ve been looking for a hospitality business with serious volume, massive upside, and pure heart, this is the one.
BUSINESS HIGHLIGHTS
IDEAL BUYER FOR THIS ONE
1. Experienced Restaurateur or Chef-Owner
Perfect for a hands-on owner-operator with front-of-house or chef experience who knows how to lead a team and control labour costs. The business already performs well, but the real win lies in tightening operations — someone who can drop wages from 42% to 30–35% will instantly unlock serious profit.
2. Hospitality Professional Ready to Step Up
Ideal for a current restaurant manager, head chef, or multi-site supervisor who’s ready to own their first venue. The systems, staff, and brand reputation are in place — it just needs sharper management and personal leadership.
3. Strategic Buyer / Group Operator
A small hospitality group looking to add a proven, award-winning CBD restaurant to their portfolio would see value here. They could easily fold it into their existing structure to improve efficiency, reduce overheads, and leverage group buying power.
4. Passionate Food Entrepreneur
A buyer who loves creative cuisine, brand-building, and high-energy venues. Someone who thrives on reputation, understands the dining experience, and wants to put their own spin on a respected, well-loved restaurant.
This is an exciting one! Contact me now for more information.
Asking just $239,000 plus stock
Nick Giles, 21 676 832 , [email protected]
***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.
#wesellbusinesses #buyajob #food #hosp #resaturant #auckland
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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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