Gastro-Pub | Urgent Deadline Sale – February 27

Price

$149,000

Profit *

Refer to Broker

Sales Revenue

$911,450

Location

Auckland Region, Auckland City

Category

Food/Hospitality, Bars/Nightclubs

Listing #

EL04896

Neil Craigen Headshot

Business Broker

Auckland - Ellerslie

+64 9 579 9226

+64 29 222 0742

[email protected]

Auckland City Bars/Nightclubs Business for Sale
Auckland City Bars/Nightclubs Business for Sale

About this Business for sale in Auckland Region, Auckland City

Due to a combination of personal and business circumstances, the current owner is offering the business and fit out for an ‘URGENT DEADLINE SALE- offers due on Friday, February 27, 4pm. Situated in a premium Auckland suburb,  this well-known establishment offers a compelling mix of food, beverage, and event services. 

Occupying a high-profile corner site in a inner-city fringe, this business attracts a loyal and diverse clientele—from casual diners to corporate and private function guests. The venue includes three beautifully appointed function spaces ( one sublet for $40,000 annually) each with private bar access and full AV capability, supporting strong B2C and B2B demand.

Highlights:

  • Elegant gastro-pub dining ( new fit out in 2022 cost $550,000)
  • Signature beverage selection featuring craft beer, curated wines, and artisanal cocktails
  • Highly flexible function capability, from seated dining to canapé and grazing options
  • Proven event and group trade, with opportunities to repurpose spaces for café or brunch offerings
  • Refurbished interiors blending historical features with modern design for mass appeal
  • Track record of 5-star reviews and consistent patronage, supported by an engaged local community
  • Opportunity to own a premium gastro pub at a very low entry price
  • Sublet of a function room generates $40,000 PA
  • High profile agreement with the Blues (details on request)
  • New City Rail Link Station will be a short stroll from venue
  • Much loved outdoor dining area
  • Key, loyal staff , keen to continue with the new owner

 

This 'Deadline Sale' gets you access to a high-profile city fringe Gastro Pub at a 'distressed Price' with a substantial upside. Confidentiality is essential. Further details will be provided to approved parties following the signing of a Confidentiality Agreement.

Christopher Price, 027 959 7222, [email protected]
Neil Craigen, 029 222 0742, [email protected]

*Please refer to the LINK website for full disclaimers.

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.

To find out more, complete an online confidentiality agreement by clicking the button below.

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Neil Craigen Headshot

Business Broker

Auckland - Ellerslie

+64 9 579 9226

+64 29 222 0742

[email protected]

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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