It’s spacious, well equipped, has heaps of character and is located in a better central suburb with a large residential population that is very, very short of hospitality venues. The premises include a bar area (with a fireplace) a large dining area and a function room with its own bar. It’s also currently closed so it is ideal for experienced operators looking for that uncut diamond that can be shaped into a thriving, high value business. Be quick as this is probably one of the best opportunities available in the whole of Auckland. Asking (this is not a misprint) only $68,000 plus GST!
*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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