Price
$1,050,000
Profit *
$404,000
Sales Revenue
$960,000
Location
Bay of Plenty Region, Tauranga
Category
Food/Hospitality, Bars/Nightclubs
Listing #
BOP00658
Ever wondered what the missing part in the journey to building your nest egg was? Take note!
This is a well presented locals sports bar where quality patronage is the key to your future success.
A simple business model with no previous industry experience required.
Enjoys a secure lease until 2032 and rent of only 4% of turnover.
The working owner has enjoyed returns over $400,000 which gives you plenty of room to put the business under management while still reaping the benefits of strong profits.
Year on year sales growth, currently up approx. 10%.
Return on Investment if run under management approx 33% and growing.
Strict confidentiality on this business, all buyers must work through listing broker, no direct contact with business.
Get in touch as this will not be around for long!
Theresa Eagle, 021 289 0949, [email protected]
Alanah Eagle, 021 606 345, [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.
#buybusiness #Tauranga #food #hospitality
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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