Price
$685,000
Profit *
$249,500
Sales Revenue
$2,073,000
Location
Auckland Region, North Shore City
Category
Food/Hospitality, Restaurant
Listing #
EL05040
Lone Star has been one of the country’s best-loved restaurant brands for 37 years.
Here’s your chance to own one of their premium Auckland franchise restaurants. Lone Star Albany delivers weekly sales of around $40,000 and a two-year average surplus of $249,500, backed by the power of one of New Zealand’s most recognised hospitality brands.
Located within The Foundation precinct on Oteha Valley Road, Albany, this venue enjoys prime visibility, ample parking, and a loyal customer base drawn from the thriving residential, commercial, and retail catchments nearby.
This is a fully licensed and highly systemised operation. With seating for 183 patrons (indoor and covered outdoor areas), a full-service bar, and strong food and beverage trade, the business generates steady, diversified income.
Supported by Lone Star’s proven franchise systems, national marketing, and operational training, it’s perfectly set up for a motivated owner-operator or investor looking for a profitable and respected hospitality brand.
There is real opportunity for growth here and this location is capable of achieving greater heights of sales and profits. A tantalising ‘carrot’ for a dynamic new owner.
Business Highlights
The Opportunity
This business offers an impressive blend of brand strength, performance, and growth potential. With the right owner at the helm, there’s room to lift sales, expand functions, and further optimise operations. Just watch the value of your asset grow!
If you’ve been searching for a proven, high-volume hospitality business with instant credibility and strong cash flow – this is it.
Asking Price: $685,000 + 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 #northshore #lonestar #albany #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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