Price
$899,000
Profit *
$360,000
Sales Revenue
$2,500,000
Location
Auckland Region, Auckland Surrounds
Category
Food/Hospitality, Restaurant
Listing #
EL04843
This is a rare chance to own one of New Zealand’s most iconic hospitality venues. Fully rebuilt in 2019 at a cost of $3 million, Warkworth Hotel is a stunning Victorian gem with all-new infrastructure, plant, and equipment – a true “as new” business with old-world charm.
Located in the heart of Warkworth, a booming township just north of Auckland, this fully managed business is pulling in average sales of over $48,000 per week. A hands-off owner enjoys around $285,000 in passive income annually and there’s a surplus waiting here for an operator of $360,000+.
WHY THIS ONE STANDS OUT
GROWTH POTENTIAL
This is your chance to take over a beautifully executed, high-performing venue with strong local support and room to grow.
Opportunities like this don’t come around often and this one’s a peach!
Asking $899,000 plus stock
Nick Giles, 021 676 832, [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 #auckland #restaurant
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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