Price
$290,000
Profit *
$104,371
Sales Revenue
$1,002,268
Location
Auckland Region, Auckland Surrounds
Category
Food/Hospitality, Cafe Restaurant
Listing #
EL04899
Established Mediterranean Bistro – $1M+ Sales, Prime Location
For the first time in over 17 years, this iconic Mediterranean-style bistro in the heart of Newmarket is on the market. With indoor/outdoor seating for 100, a full license, and a loyal customer base, this is a rock-solid hospitality operation in a location that just keeps getting better.
Annual sales in FY25 are tracking over $1,000,000, with a $100,000 working owner profit—but this isn’t the ceiling. The business previously generated $150,000 profit (FY23), and current performance suggests it’s firmly on the rebound.
The fit-out is elegant but efficient. The systems are well-established. The team is experienced. And the location? Unbeatable. Positioned on one of Newmarket’s most active pedestrian strips, with outdoor dining protected and enhanced by Auckland Council investment, this business enjoys natural exposure and year-round patronage from shoppers, professionals, residents and tourists.
Business Highlights
Why Buy Now?
Asking $299,000
This isn’t a startup, a rebrand, or a risk play. It’s a stable, recognisable, and well-run venue with decades of goodwill behind it—and room to grow in front of it.
Get in before another 17 years go by.
Contact Max now to find out more!
Max Wensauer, 021 256 6269, [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.
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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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