Landmark Pub – Fully Managed, Huge Upside

Price

$899,000

Profit *

$360,000

Sales Revenue

$2,500,000

Location

Auckland Region, Auckland Surrounds

Category

Food/Hospitality, Restaurant

Listing #

EL04843

Nick Giles Headshot

Business Broker

Auckland - Ellerslie

+64 9 579 9226

+64 21 676 832

[email protected]

Auckland Surrounds Restaurant Business for Sale
Auckland Surrounds Restaurant Business for Sale
Auckland Surrounds Restaurant Business for Sale

About this business for sale in Auckland Region, Auckland Surrounds

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

  • Fully managed with experienced staff in place
  • Secure lease
  • Licensed for 200 patrons with indoor & outdoor dining
  • A further huge function space available to rent  and it is underutilised – 250 pax standing
  • Warkworth’s population set to surge by 30,000 by 2027
  • Prime growth from motorway access and local housing boom

 

GROWTH POTENTIAL

  • Events & Functions – massive upside in weddings and corporate bookings
  • Tourism boost from riverside developments
  • Tap into the expanding local market and fast-growing catchment

 

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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Nick Giles Headshot

Business Broker

Auckland - Ellerslie

+64 9 579 9226

+64 21 676 832

[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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