About this Business for sale in Auckland Surrounds

Exceptionally strong Auckland location (Newmarket) with high foot traffic. Sales are steadily rising, it has that excellent location, and it looks spectacular.

Current rent including Restaurant, Courtyard, Three Parking Space and Six Bedroom is only $65,000 per annum Plus GST. The potential income from a six-bedroom unit could be approximately $46,800 annually, which can pay 72% of the total rental.

The good thing about this business:

  • Fully Managed Business
  • Post COVID-19 Sales are around $9,000 and $11,000 including GST per week
  • Pre COVID-19 Sales are around $11,000 and $12,000 including GST per week
  • One of the top class location in Auckland’s suburb
  • Huge foot traffic in this bustling street
  • Low operating cost
  • Strong lease in place
  • A very supportive Landlord during the lockdown!

This is very well priced $159,000 plus stock

To find out more, go to linkbusiness.co.nz/EL02788 and press the “Enquire Now” button to complete an online confidentiality agreement.

Call Rafiq Bhamani on 021 129 1916, rafiq.bhamani@linkbusiness.co.nz

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

#Auckland #hospitality #restaurant 

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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.

Listing: #EL02788
Price: $159,000
Profit*: $120,000
Sales Revenue: $625,000
Auckland Region, Auckland Surrounds
Food/Hospitality, Restaurant
*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.

*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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