Price
$299,000
Profit *
$150,000
Sales Revenue
$1,002,268
Location
Auckland Region, Auckland Surrounds
Category
Food/Hospitality, Cafe Restaurant
Listing #
EL04899
Established Mediterranean Bistro – $1M+ Sales, Prime Newmarket Location
For the first time in over 17 years, this well-known Mediterranean-style bistro in the heart of Newmarket is available for sale. With indoor and outdoor seating for 100, a full licence and a loyal customer base, this is a proven hospitality business in one of Auckland’s busiest dining precincts.
In December, the venue achieved its biggest trading week in 18 years, reaching $50,000 in sales. Momentum has continued, with FY25 sales tracking over $1,000,000 and approximately $150,000 profit to a working owner.
The fit-out is stylish and efficient, systems are well established and an experienced team is already in place. Located on a busy pedestrian strip in Newmarket, the business benefits from strong foot traffic from shoppers, professionals, residents and visitors. Council streetscape investment supports outdoor dining and enhances long-term value.
Business Highlights
Asking Price: $299,000
A stable, well-recognised venue with decades of goodwill and clear growth potential.
Contact Max now to find out more!
Max Wensauer, 021 256 6269, [email protected]
*Please refer to the LINK website for full disclaimers.
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*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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