This Lone Star Might Shock You!

Price

$685,000

Profit *

Refer to Broker

Sales Revenue

$1,800,000

Location

Auckland Region, North Shore City

Category

Food/Hospitality, Restaurant

Listing #

EL05040

Nick Giles Headshot

Business Broker

Auckland - Ellerslie

+64 9 579 9226

+64 21 676 832

[email protected]

North Shore City Restaurant Business for Sale
North Shore City Restaurant Business for Sale

About this Business for sale in Auckland Region, North Shore City

Lone Star has been one of the country’s best-loved restaurant brands for 37 years.

You could never build this restaurant for what it is likely to sell for!

Seriously.

A venue of this scale, under a brand as powerful as Lone Star, would cost several times the eventual purchase price to establish today.

That’s what makes Lone Star Albany such a fabulously exciting opportunity! This large North Shore restaurant generates weekly sales of around $35,000 and sits in such a the busy precinct

With seating for approximately 183 guests, a full bar, strong food trade and a fully systemised franchise model, the foundations are already firmly in place.

But here’s the key point.

This business has SO much more in it! I know that because I have sold it before.

For a driven owner with real hospitality instincts and the kind of customer service that will impress the socks off Lone Star HQ, there is clear opportunity to lift sales and grow value.

  • Buy well.
  • Drive performance.
  • Enjoy the capital gain.

Business Highlights

  • Weekly sales around $35,000
  • Iconic national Lone Star brand
  • Prime Albany hospitality location
  • Seating for approximately 183 patrons
  • Fully licensed (8am 2am, seven days)
  • Lease secured through to 2034
  • Multiple revenue streams dine-in, bar, takeaway and functions

For those who recognise value when they see it, this is exciting.

Serious buyers should enquire now.

Asking Price: $685,000

Nick Giles, 021 676 832, [email protected]

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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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